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Innergex Renewable Energy - INGXF Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $25.50
  • Forecasted Upside: 286.36%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$6.60 As of 12/8/2023 01:00 AM ET
▼ -0.12 (-1.79%)

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

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Analyst Price Target for INGXF

Analyst Price Target is $25.50
▲ +286.36% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Innergex Renewable Energy in the last 3 months. The average price target is $25.50, with a high forecast of $32.00 and a low forecast of $23.00. The average price target represents a 286.36% upside from the last price of $6.60.

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

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Current Consensus is Moderate Buy

The current consensus among 3 polled investment analysts is to moderate buy stock in Innergex Renewable Energy. This Moderate 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
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/16/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/14/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/13/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/13/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/11/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/9/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/8/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/8/2023

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/10/2023National Bank FinancialLower TargetC$19.00 ➝ C$18.00
7/21/2023CIBCLower TargetC$16.50 ➝ C$16.00
6/28/2023ScotiabankLower TargetC$19.25 ➝ C$17.25
5/11/2023Royal Bank of CanadaLower TargetC$17.00 ➝ C$16.00
5/11/2023TD SecuritiesLower TargetC$16.50
5/11/2023DesjardinsUpgradeHold ➝ Buy
5/10/2023Raymond JamesLower TargetC$21.50
4/19/2023National Bank FinancialBoost TargetC$20.00 ➝ C$21.00
4/6/2023Credit Suisse GroupLower TargetC$22.00 ➝ C$20.00
2/24/2023Royal Bank of CanadaLower TargetC$19.00 ➝ C$17.00
2/24/2023TD SecuritiesLower TargetC$19.50 ➝ C$17.50
2/23/2023Raymond JamesDowngradeStrong-Buy ➝ Outperform
1/19/2023BMO Capital MarketsLower TargetC$19.00 ➝ C$18.00
1/9/2023CIBCDowngradeOutperform ➝ Neutral
12/15/2022ScotiabankBoost TargetC$18.00 ➝ C$19.25
11/9/2022TD SecuritiesUpgradeHold ➝ Buy
11/8/2022BMO Capital MarketsLower TargetC$21.00 ➝ C$19.00
10/20/2022ScotiabankLower TargetC$21.50 ➝ C$18.00
10/7/2022National Bank FinancialLower TargetC$25.00 ➝ C$23.00
9/29/2022ScotiabankBoost TargetC$21.00 ➝ C$21.50
9/21/2022National Bank FinancialBoost TargetC$24.00 ➝ C$25.00
7/28/2022National Bank FinancialBoost TargetC$23.00 ➝ C$24.00
5/12/2022DesjardinsLower TargetC$20.50 ➝ C$20.00
5/11/2022TD SecuritiesUpgradeHold ➝ Buy
4/4/2022TD SecuritiesDowngradeBuy ➝ Hold
2/24/2022Raymond JamesLower TargetC$26.75 ➝ C$24.00
2/23/2022Credit Suisse GroupInitiated CoverageOutperform ➝ Outperform
1/27/2022ScotiabankLower TargetC$26.50 ➝ C$20.25
1/11/2022CIBCUpgradeOutperform
12/2/2021National Bank FinancialLower TargetOutperformC$28.00 ➝ C$23.00
11/11/2021CIBCLower TargetNeutralC$23.00 ➝ C$22.50
11/11/2021Royal Bank of CanadaLower TargetSector PerformC$24.00 ➝ C$23.00
11/11/2021TD SecuritiesLower TargetBuyC$24.00 ➝ C$23.00
9/20/2021National Bank FinancialBoost TargetOutperformC$27.00 ➝ C$28.00
9/7/2021ScotiabankBoost TargetSector PerformC$23.50 ➝ C$26.50
9/7/2021TD SecuritiesUpgradeHold ➝ Buy
9/7/2021BMO Capital MarketsInitiated CoverageOutperform
8/5/2021National Bank FinancialBoost TargetOutperformC$26.00 ➝ C$27.00
5/25/2021Credit Suisse GroupLower TargetOutperformC$30.00 ➝ C$26.00
5/14/2021DesjardinsLower TargetHoldC$27.00 ➝ C$25.00
5/13/2021National Bank FinancialLower TargetOutperform ➝ OutperformC$28.00 ➝ C$26.00
5/13/2021CIBCLower TargetNeutral$25.00 ➝ $23.00
5/13/2021Industrial Alliance SecuritiesUpgradeHold ➝ BuyC$27.00
5/13/2021Royal Bank of CanadaLower TargetSector Perform$29.00 ➝ $24.00
5/13/2021TD SecuritiesLower TargetHold$28.00 ➝ $23.00
5/12/2021BMO Capital MarketsLower TargetOutperform$27.00 ➝ $25.00
4/16/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform
3/15/2021CIBCLower TargetNeutral$27.00 ➝ $25.00
3/4/2021ScotiabankLower TargetSector Perform$32.00 ➝ $26.00
3/2/2021DesjardinsLower TargetHold$30.00 ➝ $29.00
3/1/2021National Bank FinancialReiterated RatingOutperform
3/1/2021CIBCLower TargetNeutral$32.00 ➝ $27.00
3/1/2021BMO Capital MarketsLower TargetOutperform$30.00 ➝ $27.00
3/1/2021Royal Bank of CanadaLower TargetSector Perform$35.00 ➝ $29.00
3/1/2021Raymond JamesLower TargetOutperform$37.00 ➝ $32.00
3/1/2021TD SecuritiesLower TargetHold$32.00 ➝ $28.00
1/21/2021ScotiabankBoost TargetSector Perform$25.25 ➝ $32.00
1/20/2021Credit Suisse GroupInitiated CoverageNeutral
1/13/2021CIBCBoost TargetNeutral$26.00 ➝ $32.00
11/12/2020CIBCLower TargetNeutral$26.50 ➝ $26.00
11/12/2020Royal Bank of CanadaBoost TargetSector Perform$23.00 ➝ $25.00
10/28/2020Raymond JamesBoost TargetOutperform$25.00 ➝ $28.00
10/16/2020ScotiabankBoost TargetSector Perform$23.00 ➝ $25.25
10/15/2020CIBCBoost TargetNeutral$23.00 ➝ $26.50
8/6/2020CIBCBoost TargetNeutral$22.50 ➝ $23.00
8/6/2020Royal Bank of CanadaBoost TargetSector Perform$22.00 ➝ $23.00
8/6/2020TD SecuritiesBoost TargetHold$23.00 ➝ $25.00
8/5/2020BMO Capital MarketsBoost TargetOutperform$21.00 ➝ $23.00
8/5/2020ScotiabankBoost TargetSector Perform$22.50 ➝ $23.00
7/21/2020CIBCBoost TargetNeutral$20.50 ➝ $22.50
7/16/2020BMO Capital MarketsBoost TargetOutperform$19.50 ➝ $21.00
7/15/2020ScotiabankBoost TargetSector Perform$20.50 ➝ $21.25
5/15/2020ScotiabankBoost TargetSector Perform$20.00 ➝ $20.50
1/13/2020BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
(Data available from 12/9/2018 forward)

News Sentiment Rating

0.90 (Buy)

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
  • 2 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/12/2023
  • 1 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/11/2023
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/11/2023
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/10/2023
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/9/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/9/2023
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/8/2023
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/8/2023

Current Sentiment

  • 2 very positive mentions
  • 2 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

Innergex Renewable Energy logo
Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. It acquires, owns, develops, and operates hydroelectric facilities, and wind and solar farms, as well as energy storage facilities. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation. It owns and operates 84 facilities with a net installed capacity of 4,184 megawatts, which include 40 hydroelectric facilities, 35 wind facilities, and 8 solar farms. Innergex Renewable Energy Inc. is headquartered in Longueuil, Canada.
Read More

Today's Range

Now: $6.60
Low: $6.60
High: $6.72

50 Day Range

MA: $6.85
Low: $6.16
High: $7.39

52 Week Range

Now: $6.60
Low: $6.09
High: $13.03

Volume

3,770 shs

Average Volume

16,961 shs

Market Capitalization

$1.35 billion

P/E Ratio

N/A

Dividend Yield

7.50%

Beta

0.62

Frequently Asked Questions

What sell-side analysts currently cover shares of Innergex Renewable Energy?

The following Wall Street sell-side analysts have issued reports on Innergex Renewable Energy in the last twelve months: BMO Capital Markets, CIBC, Credit Suisse Group AG, Desjardins, National Bank Financial, Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for INGXF.

What is the current price target for Innergex Renewable Energy?

6 Wall Street analysts have set twelve-month price targets for Innergex Renewable Energy in the last year. Their average twelve-month price target is $25.50, suggesting a possible upside of 286.4%. Raymond James has the highest price target set, predicting INGXF will reach $32.00 in the next twelve months. TD Securities has the lowest price target set, forecasting a price of $23.00 for Innergex Renewable Energy in the next year.
View the latest price targets for INGXF.

What is the current consensus analyst rating for Innergex Renewable Energy?

Innergex Renewable Energy currently has 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for INGXF.

What other companies compete with Innergex Renewable Energy?

Other companies that are similar to Innergex Renewable Energy include Genie Energy, Avista, NorthWestern Energy Group, ALLETE and Northwest Natural. Learn More about companies similar to Innergex Renewable Energy.

How do I contact Innergex Renewable Energy's investor relations team?

Innergex Renewable Energy's physical mailing address is 1225 St-Charles Street West 10th floor, Longueuil A8, J4K 0B9. The company's listed phone number is (450) 928-2550 and its investor relations email address is [email protected]. The official website for Innergex Renewable Energy is www.innergex.com. Learn More about contacing Innergex Renewable Energy investor relations.