A Wall Street analyst has provided a review for the Utilities company today, but retained the same rating on the stock. Innergex Renewable Energy (INE) received a Buy rating from Raymond James’ analyst David Quezada, with a C$17 price target.
Quezada has an average return of 7.5% when recommending Innergex Renewable Energy.
According to TipRanks.com, Quezada is ranked #938 out of 5246 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Innergex Renewable Energy with a C$15.90 average price target.
The company has a one-year high of C$14.75 and a one-year low of C$11.66. Currently, Innergex Renewable Energy has an average volume of 288.7K.
Innergex Renewable Energy, Inc. develops, acquires, owns and operates run-of-river hydroelectric facilities, wind farms, solar photovoltaic farms and geothermal power generation plants. The company conducts operations in Canada, the United States, France and Iceland.
The company’s shares closed on Tuesday at C$14.35, close to its 52-week high of C$14.75.
