National Bank Maintains a Buy Rating on Boralex Inc. Cl A (BLX)


Shares of Boralex Inc. Cl A (BLX) were revisited by a Wall Street analyst today. National Bank’s analyst Rupert Merer reiterates their Buy rating on the shares, with a C$24 price target.

According to TipRanks.com, Merer is ranked #4454 out of 5180 analysts.

Currently, the analyst consensus on Boralex Inc. Cl A is a Moderate Buy with an average price target of C$23.50.

Boralex Inc. Cl A’s market cap is currently C$1.64B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.86.

Boralex, Inc. engages in the developing and building renewable energy power facilities. It operates through the following business segments: Wind Power Stations, Hydroelectric Power Stations, Thermal Power Stations, and Solar Power Stations. The company was founded on November 9, 1982 and is headquartered in Kingsey Falls, Canada.

The company’s shares closed on Tuesday at C$18.37.

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