Raymond James Believes Boralex Inc. Cl A (BLX) Still Has Room to Grow


In a latest note to investors, a research analyst has provided a rating update for the Boralex Inc. Cl A (BLX). Today, analyst David Quezada gave a Buy rating to BLX and set a C$26 price target.

According to TipRanks.com, Quezada is ranked #577 out of 5249 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Boralex Inc. Cl A with a C$23.67 average price target.

Boralex Inc. Cl A’s market cap is currently C$1.77B and has a P/E ratio of 0. The company has a Price to Book ratio of 2.14.

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 Friday at C$19.98, close to its 52-week high of C$20.24.

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