Boralex Inc T.BLX

Alternate Symbol(s): BRLXF

Utilities Utilities - Independent Power Producers

Boralex Inc. is a renewable energy company specializing in four sectors of activity: wind, solar, hydroelectricity and storage. It is engaged in the development, construction, and operation of renewable energy power facilities. It develops, builds and operates power generating and storage facilities in Canada, France, the United States and the United Kingdom. It is developing a portfolio of more than 6.8 gigawatts (GW) in wind, solar projects and storage projects. It also provides management and maintenance services to certain joint ventures and associates. In addition, it has projects under construction or ready-to-build, representing an additional 264 megawatts (MW) of power and a portfolio of secured projects amounting to 587 MW. It is an independent producer of onshore wind power and has facilities in the United States and development projects in the United Kingdom. A major part of its installed capacity is accounted for by wind energy. It also owns the Sallachy Wind Farm project.

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Boralex Inc > CIBC lowers price target for BLX from $48 to $42

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Post by Vega1357on Jan 11, 2022 3:54pm

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Post# 34305314

CIBC lowers price target for BLX from $48 to $42

I posted earlier that there was no change in the price target by CIBC, as it wasn't reported by the Globe and Mail earlier. However, I've since learned that CIBC has lowered their price target to $42, This represents a 36% potential share price appreciation.

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