Boralex Inc. (TSE:BLX) - Research analysts at National Bank Financial boosted their Q3 2017 earnings per share (EPS) estimates for shares of Boralex in a report released on Monday. National Bank Financial analyst R. Merer now forecasts that the company will earn ($0.20) per share for the quarter, up from their previous estimate of ($0.21). National Bank Financial also issued estimates for Boralex’s FY2017 earnings at $0.18 EPS.
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BLX has been the subject of several other reports. TD Securities reissued a “buy” rating and set a C$24.00 price objective on shares of Boralex in a report on Friday, May 5th. Royal Bank Of Canada lifted their price target on shares of Boralex from C$23.00 to C$24.00 and gave the company an “outperform” rating in a report on Friday, May 5th. Seven research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average target price of C$23.75.
Shares of Boralex (TSE:BLX) opened at 21.15 on Thursday. The stock’s market capitalization is $1.60 billion. The stock has a 50 day moving average of $21.89 and a 200-day moving average of $20.98. Boralex has a one year low of $16.06 and a one year high of $23.00.
Boralex Company Profile
Boralex Inc is a power producer that develops, constructs and operates renewable energy power stations. The Company’s segments include wind, hydroelectric, thermal and solar. It operates an asset base with a capacity of approximately 1,260 megawatts (MW), of which over 1,090 MW are under its control, consisting of approximately 490 MW in Canada, over 520 MW in France and over 80 MW in the Northeastern United States.
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