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Boralex - BRLXF Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $49.75
  • Forecasted Upside: 151.90%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$19.75 As of 04/24/2024 01:00 AM ET
+0 (0.00%)

This chart shows the closing price for BRLXF by one month, three months, or twelve months.

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Analyst Price Target for BRLXF

Analyst Price Target is $49.75
▲ +151.90% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Boralex in the last 3 months. The average price target is $49.75, with a high forecast of $55.00 and a low forecast of $48.00. The average price target represents a 151.90% upside from the last price of $19.75.

This chart shows the closing price for BRLXF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 investment analysts is to buy stock in Boralex. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/1/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/24/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
9/11/2023DesjardinsBoost TargetC$44.00 ➝ C$45.00
8/22/2023Credit Suisse GroupBoost TargetC$44.00 ➝ C$47.00
8/15/2023BMO Capital MarketsLower TargetC$45.00 ➝ C$43.00
8/15/2023National Bank FinancialLower TargetC$44.00 ➝ C$43.00
8/15/2023ScotiabankLower TargetC$53.00 ➝ C$48.00
7/21/2023CIBCLower TargetC$47.00 ➝ C$45.00
6/1/2023Credit Suisse GroupUpgradeNeutral ➝ Outperform
4/19/2023National Bank FinancialBoost TargetC$42.00 ➝ C$46.00
2/27/2023CIBCLower TargetC$48.00 ➝ C$46.00
2/27/2023Raymond JamesLower TargetC$53.00 ➝ C$50.50
1/23/2023CIBCLower TargetC$49.00 ➝ C$48.00
1/17/2023National Bank FinancialLower TargetC$48.00 ➝ C$47.00
1/10/2023CIBCBoost TargetC$44.00 ➝ C$49.00
1/3/2023DesjardinsBoost TargetC$47.00 ➝ C$49.00
1/3/2023BMO Capital MarketsLower TargetC$50.00 ➝ C$49.00
1/3/2023ScotiabankBoost TargetC$50.00 ➝ C$53.00
12/30/2022Raymond JamesBoost TargetC$52.00 ➝ C$53.00
12/15/2022CIBCLower TargetC$45.00 ➝ C$44.00
11/21/2022DesjardinsLower TargetC$48.00 ➝ C$47.00
11/21/2022Royal Bank of CanadaLower TargetC$42.00 ➝ C$40.00
11/21/2022BMO Capital MarketsLower TargetC$53.00 ➝ C$50.00
11/10/2022BMO Capital MarketsBoost TargetC$51.00 ➝ C$53.00
11/10/2022ScotiabankLower TargetC$51.00 ➝ C$50.00
11/10/2022TD SecuritiesLower TargetC$53.00 ➝ C$50.00
10/25/2022Credit Suisse GroupDowngradeOutperform ➝ Neutral
10/20/2022ScotiabankLower TargetC$53.00 ➝ C$51.00
10/7/2022National Bank FinancialBoost TargetC$48.00 ➝ C$50.00
9/27/2022Credit Suisse GroupUpgradeNeutral ➝ Outperform
9/23/2022Industrial Alliance SecuritiesUpgradeHold ➝ Buy
7/11/2022Credit Suisse GroupDowngradeOutperform ➝ Neutral
7/5/2022TD SecuritiesDowngradeBuy
6/13/2022Industrial Alliance SecuritiesDowngradeBuy ➝ HoldC$45.00
5/12/2022National Bank FinancialLower TargetC$48.00 ➝ C$47.00
5/3/2022BMO Capital MarketsBoost TargetC$44.00 ➝ C$45.00
4/21/2022DesjardinsBoost TargetC$46.00 ➝ C$47.00
4/11/2022National Bank FinancialBoost TargetC$44.00 ➝ C$48.00
3/2/2022TD SecuritiesBoost TargetC$46.00 ➝ C$50.00
2/24/2022ScotiabankLower TargetC$45.25 ➝ C$42.75
1/27/2022ScotiabankLower TargetC$51.00 ➝ C$45.25
1/24/2022Credit Suisse GroupUpgradeNeutral ➝ Outperform
1/11/2022CIBCLower TargetC$48.00 ➝ C$42.00
12/2/2021National Bank FinancialLower TargetOutperformC$50.00 ➝ C$41.00
11/15/2021ScotiabankLower TargetOutperformC$52.25 ➝ C$51.00
8/9/2021ScotiabankLower TargetOutperformC$55.00 ➝ C$52.25
6/21/2021DesjardinsBoost TargetBuyC$50.00 ➝ C$53.00
6/18/2021CIBCBoost TargetOutperformC$47.00 ➝ C$48.00
5/25/2021Credit Suisse GroupLower TargetNeutralC$48.00 ➝ C$43.00
5/11/2021Credit Suisse GroupLower TargetNeutral$52.00 ➝ $48.00
5/7/2021Royal Bank of CanadaLower TargetSector Perform$50.00 ➝ $45.00
5/6/2021TD SecuritiesLower TargetBuy$55.00 ➝ $50.00
4/28/2021ScotiabankLower TargetOutperform$59.00 ➝ $55.00
4/20/2021Credit Suisse GroupBoost TargetNeutral$51.00 ➝ $52.00
4/20/2021CIBCBoost TargetOutperform$47.00 ➝ $48.00
3/15/2021CIBCLower TargetOutperform$48.00 ➝ $47.00
2/26/2021BMO Capital MarketsLower TargetOutperform$55.00 ➝ $48.00
2/26/2021Royal Bank of CanadaLower TargetSector Perform$60.00 ➝ $50.00
2/26/2021National Bank FinancialUpgradeSector Perform ➝ Outperform
2/26/2021TD SecuritiesLower TargetBuy$59.00 ➝ $55.00
2/26/2021CIBCUpgradeNeutral ➝ Outperform$55.00 ➝ $48.00
1/27/2021Raymond JamesDowngradeStrong-Buy ➝ Outperform
1/21/2021ScotiabankBoost TargetOutperform$46.25 ➝ $59.00
1/20/2021National Bank FinancialDowngradeOutperform ➝ Sector Perform
1/13/2021CIBCBoost TargetNeutral$43.00 ➝ $55.00
12/1/2020Credit Suisse GroupInitiated CoverageNeutral
11/25/2020Royal Bank of CanadaBoost TargetSector Perform$40.00 ➝ $42.00
11/23/2020ScotiabankBoost TargetOutperform$44.50 ➝ $46.25
11/23/2020BMO Capital MarketsBoost TargetOutperform$39.00 ➝ $41.00
11/12/2020BMO Capital MarketsBoost TargetOutperform$35.00 ➝ $39.00
11/12/2020Royal Bank of CanadaBoost TargetSector Perform$35.00 ➝ $40.00
10/28/2020Raymond JamesBoost TargetStrong-Buy$40.00 ➝ $45.00
10/16/2020ScotiabankBoost TargetOutperform$38.75 ➝ $44.50
10/15/2020CIBCBoost TargetNeutral$36.00 ➝ $43.00
8/31/2020TD SecuritiesInitiated CoverageBuy
8/31/2020National Bank FinancialInitiated CoverageOutperform
8/11/2020ScotiabankBoost TargetOutperform$35.50 ➝ $39.00
8/10/2020CIBCBoost TargetNeutral$35.00 ➝ $36.00
8/10/2020BMO Capital MarketsBoost TargetOutperform$32.00 ➝ $35.00
8/10/2020Royal Bank of CanadaBoost TargetSector Perform$33.00 ➝ $35.00
7/22/2020National Bank FinancialDowngradeOutperform ➝ Sector Perform
7/21/2020CIBCBoost TargetNeutral$30.00 ➝ $35.00
7/15/2020ScotiabankBoost TargetOutperform$33.00 ➝ $35.50
5/7/2020Royal Bank of CanadaBoost TargetSector Perform$28.00 ➝ $33.00
3/20/2020CIBCDowngradeOutperform ➝ Neutral
(Data available from 4/24/2019 forward)

News Sentiment Rating

0.00 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2023
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2023
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2024
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/25/2024
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024

Current Sentiment

  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
Boralex logo
Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities in Canada, France, the United States, and the United Kingdom. It generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2023, the company operates 100 wind farms; 12 solar energy facilities; 15 hydroelectric power stations; and 2 storage units with an installed capacity of 1,819 megawatts (MW) in North America and 1,259 MW in Europe. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada.
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Today's Range

Now: $19.75
Low: $19.75
High: $19.75

50 Day Range

MA: $21.02
Low: $19.75
High: $22.93

52 Week Range

Now: $19.75
Low: $18.75
High: $30.44

Volume

22,644 shs

Average Volume

23,063 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

4.22%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Boralex?

The following Wall Street research analysts have issued reports on Boralex in the last twelve months: BMO Capital Markets, CIBC, Credit Suisse Group AG, Desjardins, National Bank Financial, and Scotiabank.
View the latest analyst ratings for BRLXF.

What is the current price target for Boralex?

4 Wall Street analysts have set twelve-month price targets for Boralex in the last year. Their average twelve-month price target is $49.75, suggesting a possible upside of 151.9%. Scotiabank has the highest price target set, predicting BRLXF will reach $55.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of $48.00 for Boralex in the next year.
View the latest price targets for BRLXF.

What is the current consensus analyst rating for Boralex?

Boralex currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe BRLXF will outperform the market and that investors should add to their positions of Boralex.
View the latest ratings for BRLXF.

What other companies compete with Boralex?

Other companies that are similar to Boralex include Advent Technologies, AES Tietê Energia, Aker Offshore Wind AS, Altius Renewable Royalties and CEZ, a. s.. Learn More about companies similar to Boralex.

How do I contact Boralex's investor relations team?

Boralex's physical mailing address is 36, rue Lajeunesse, Kingsey Falls, QC J0A. The company's listed phone number is (819) 363-6363. The official website for Boralex is www.boralex.com. Learn More about contacing Boralex investor relations.