Boralex (OTCMKTS:BRLXF – Get Free Report) is anticipated to announce its results before the market opens on Friday, February 27th. Analysts expect the company to announce earnings of $0.3547 per share and revenue of $253.7730 million for the quarter.
Boralex Stock Performance
Shares of OTCMKTS BRLXF opened at $19.42 on Friday. Boralex has a 52-week low of $17.06 and a 52-week high of $24.03. The firm has a 50 day moving average price of $18.92 and a 200 day moving average price of $19.51.
Wall Street Analysts Forecast Growth
Separately, Royal Bank Of Canada reissued a “sector perform” rating on shares of Boralex in a report on Monday, November 10th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy”.
Boralex Company Profile
Boralex (OTCMKTS:BRLXF) is a Canada-based independent power producer specializing in renewable energy. The company focuses on the development, construction, acquisition and operation of onshore wind farms, solar power facilities, small-scale hydroelectric stations and energy storage projects. Drawing on in-house engineering and project management expertise, Boralex provides comprehensive services that cover site selection, permitting, financing and long-term operations.
Since its founding in 1990 in Kingsey Falls, Quebec, Boralex has expanded its footprint beyond North America into Europe and the United Kingdom.
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