Analyst Price Target is C$25.00
▲ +14.26% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Innergex Renewable Energy in the last 3 months. The average price target is C$25.00, with a high forecast of C$28.00 and a low forecast of C$23.00. The average price target represents a 14.26% upside from the last price of C$21.88.
Current Consensus is
The current consensus among 8 polled investment analysts is to buy stock in Innergex Renewable Energy. This rating has held steady since April 2021, when it changed from a Hold consensus rating.
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 Generation, Wind Power Generation, and Solar Power Generation. As of February 25, 2021, it owned and operated 75 facilities with a net installed capacity of 2,742 megawatts, which included 37 hydroelectric facilities, 32 wind farms, and six solar farms; and had interests in 10 projects under development, as well as prospective projects at various stages of development. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada.