Bullboard - Stock Discussion Forum 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... see more

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Boralex Inc > Revised Targets

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Post by retiredcf on Mar 04, 2024 8:50am

Revised Targets

CIBC’s Mark Jarvi reduced his Boralex Inc. target by $1 to $40 with an “outperformer” rating, while BMO’s Ben Pham bumped his target to $37 from $26 with an “outperform” rating. The average is $39.80.

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Comment by retiredcf on Mar 04, 2024 11:22am

BMO comments. GLTA “The Q4/23 earnings report illustrates improved renewable production trends (101 per cent of LTA vs. 98 per cent last year) and a continued robust growth backlog (three new projects added totalling 162MW). At the same time, the development pipeline was boosted 5 per cent and 290MW of projects are expected to be commissioned this year (9 per cent vs. 3,078MW existing capacity ...more

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Boralex Inc