Innergex Renewable Energy - INGXF Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $20.80
  • Forecasted Upside: 71.90 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$12.10
▼ -0.15 (-1.22%)

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Analyst Price Target for INGXF

Analyst Price Target is $20.80
▲ +71.90% 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 $20.80, with a high forecast of $24.00 and a low forecast of $18.00. The average price target represents a 71.90% upside from the last price of $12.10.

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 Buy

The current consensus among 3 polled investment analysts is to buy stock in Innergex Renewable Energy. 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
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/18/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/16/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/15/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/15/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/13/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/11/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/10/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/10/2022

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
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 12/10/2017 forward)

News Sentiment Rating

1.27 (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
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/14/2022
  • 3 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/13/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/13/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/12/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/11/2022
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/11/2022
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/10/2022
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/10/2022

Current Sentiment

  • 2 very positive mentions
  • 0 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

  • No positive mentions tracked during this time.
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. As of February 23, 2022, it owned and operated 80 facilities with a net installed capacity of 3,101 megawatts, which included 40 hydroelectric facilities, 33 watersheds, 32 wind farms, and 8 solar farms; and had interests in under development and prospective projects at various stages of development. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada.
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Today's Range

Now: $12.10
Low: $12.10
High: $12.10

50 Day Range

MA: $11.69
Low: $10.64
High: $13.48

52 Week Range

Now: $12.10
Low: $10.18
High: $16.16

Volume

550 shs

Average Volume

3,903 shs

Market Capitalization

$2.47 billion

P/E Ratio

N/A

Dividend Yield

4.49%

Beta

0.53

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, Scotiabank, and TD Securities.
View the latest analyst ratings for INGXF.

What is the current price target for Innergex Renewable Energy?

5 Wall Street analysts have set twelve-month price targets for Innergex Renewable Energy in the last year. Their average twelve-month price target is $20.80, suggesting a possible upside of 71.9%. Raymond James has the highest price target set, predicting INGXF will reach $24.00 in the next twelve months. Scotiabank has the lowest price target set, forecasting a price of $18.00 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 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe INGXF will outperform the market and that investors should add to their positions of Innergex Renewable Energy.
View the latest ratings for INGXF.

What other companies compete with Innergex Renewable Energy?

Other companies that are similar to Innergex Renewable Energy include Avista, NorthWestern, ALLETE, Unitil and United Utilities Group. 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.