Feb. 24
Stock analysts at TD Securities boosted their price target on shares of Boralex (TSE:BLX) from C$13.00 to C$15.00 in a report issued on Thursday, American Banking and Market News reports. The firm currently has a “buy” rating on the stock. TD Securities’ target price indicates a potential upside of 14.24% from the stock’s previous close.
Separately, analysts at Scotiabank raised their price target on shares of Boralex from C$14.00 to C$15.00 in a research note on Thursday. They now have an “outperform” rating on the stock.
Shares of Boralex (TSE:BLX) traded up 0.69% on Thursday, hitting $13.22. 145,289 shares of the company’s stock traded hands. Boralex has a one year low of $9.29 and a one year high of $13.47. The stock has a 50-day moving average of $12.05 and a 200-day moving average of $10.99. The company’s market cap is $699.3 million.
The company also recently announced a dividend, which is scheduled for Monday, March 17th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.1189 per share. The ex-dividend date is Wednesday, February 26th.
Boralex Inc (TSE:BLX) is an electricity producer whose business is the development and operation of renewable energy power stations.
Source: http://tickerreport.com/banking-finance/143429/boralex-price-target-raised-to-c15-00-at-td-securities-blx/?
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