Boralex (OTCMKTS:BRLXF) Price Target Increased to C$45.00 by Analysts at Desjardins

Boralex (OTCMKTS:BRLXF) had its target price increased by Desjardins from C$44.00 to C$45.00 in a research report report published on Monday morning, FlyOnTheWall reports.

Other analysts have also recently issued research reports about the company. BMO Capital Markets reduced their price target on Boralex from C$45.00 to C$43.00 in a research report on Tuesday, August 15th. Credit Suisse Group raised their target price on shares of Boralex from C$44.00 to C$47.00 in a report on Tuesday, August 22nd. CIBC dropped their price objective on Boralex from C$47.00 to C$45.00 in a report on Friday, July 21st. National Bank Financial decreased their target price on Boralex from C$44.00 to C$43.00 in a research report on Tuesday, August 15th. Finally, Scotiabank reduced their price target on Boralex from C$53.00 to C$48.00 in a research report on Tuesday, August 15th.

Boralex Price Performance

Boralex stock opened at $24.45 on Monday. The business’s fifty day moving average is $25.13 and its 200 day moving average is $27.15. Boralex has a one year low of $22.08 and a one year high of $38.03.

About Boralex

Boralex Inc, together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, the United States, and the United Kingdom. As of December 31, 2022, the company had interests in 90 wind farms with an installed capacity of 2,584 megawatts (MW); 16 hydroelectric power stations with a capacity of 181 MW; and 12 solar power stations with an installed capacity of 255 MW.