TSE:INE - Innergex Renewable Energy Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$23.48
  • Forecasted Upside: 35.71 %
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
C$17.30
▼ -0.45 (-2.54%)

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

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Analyst Price Target for INE

Analyst Price Target is C$23.48
▲ +35.71% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Innergex Renewable Energy in the last 3 months. The average price target is C$23.48, with a high forecast of C$0.00 and a low forecast of C$0.00. The average price target represents a 35.71% upside from the last price of C$17.30.

This chart shows the closing price for INE 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 10 contributing 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
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/8/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/8/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/7/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/5/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/3/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/3/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/2/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/2/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/12/2022TD SecuritiesUpgradeHold ➝ BuyC$21.00 ➝ C$19.00
5/12/2022Raymond JamesSet Price TargetOutperformC$24.00
4/20/2022Credit Suisse GroupBoost Price TargetOutperformC$24.00 ➝ C$25.00
4/20/2022CSFBBoost Price TargetC$24.00 ➝ C$25.00
4/4/2022TD SecuritiesDowngradeBuy ➝ HoldC$21.00
2/24/2022Raymond JamesLower Price TargetOutperformC$26.75 ➝ C$24.00
1/31/2022CSFBSet Price TargetOutperformC$29.00
1/31/2022Credit Suisse GroupReiterated RatingOutperformC$29.00
1/27/2022ScotiabankLower Price TargetC$26.50 ➝ C$20.25
1/11/2022CIBCLower Price TargetC$22.50 ➝ C$21.00
11/12/2021DesjardinsLower Price TargetOutperformC$23.00 ➝ C$21.00
11/12/2021Royal Bank of CanadaLower Price TargetSector PerformC$24.00 ➝ C$23.00
11/12/2021Raymond JamesSet Price TargetOutperformC$26.75
11/12/2021TD SecuritiesLower Price TargetBuyC$24.00 ➝ C$23.00
11/12/2021CIBCLower Price TargetNeutralC$23.00 ➝ C$22.50
10/25/2021Raymond JamesSet Price TargetOutperformC$26.75
9/17/2021National Bank FinancialReiterated RatingOutperform
9/17/2021National BanksharesBoost Price TargetOutperformC$27.00 ➝ C$28.00
9/17/2021CSFBSet Price TargetOutperformC$26.00
9/16/2021Credit Suisse GroupReiterated RatingBuyC$26.00
9/16/2021Raymond JamesBoost Price TargetOutperformC$26.75
9/16/2021National Bank FinancialBoost Price TargetNAC$28.00
9/16/2021CIBCReiterated RatingNeutralC$23.00
9/16/2021Royal Bank of CanadaReiterated RatingHoldC$24.00
9/7/2021National Bank FinancialReiterated RatingOutperformC$27.00
9/7/2021National BanksharesSet Price TargetOutperformC$27.00
9/7/2021TD SecuritiesUpgradeHold ➝ BuyC$23.00 ➝ C$24.00
9/7/2021BMO Capital MarketsBoost Price TargetOutperformC$23.00 ➝ C$24.00
9/7/2021ScotiabankBoost Price TargetC$23.50 ➝ C$26.50
9/7/2021Royal Bank of CanadaUpgradeHoldC$24.00
8/18/2021Credit Suisse GroupReiterated RatingOutperformC$26.00
8/18/2021CSFBSet Price TargetOutperformC$26.00
8/5/2021National Bank FinancialBoost Price TargetOutperformC$27.00
8/5/2021Raymond JamesReiterated RatingOutperformC$26.75
8/5/2021National BanksharesBoost Price TargetOutperformC$26.00 ➝ C$27.00
8/4/2021Royal Bank of CanadaReiterated RatingSector PerformC$24.00
7/28/2021Raymond JamesLower Price TargetOutperformC$26.75
7/5/2021CIBCLower Price TargetNeutralC$23.00
7/2/2021ScotiabankBoost Price TargetC$23.00 ➝ C$23.50
5/25/2021CSFBLower Price TargetC$30.00 ➝ C$26.00
5/25/2021Credit Suisse GroupLower Price TargetNeutralC$26.00
5/13/2021National Bank FinancialLower Price TargetOutperformC$26.00
5/13/2021TD SecuritiesLower Price TargetHoldC$28.00 ➝ C$23.00
5/13/2021National BanksharesLower Price TargetOutperformC$28.00 ➝ C$26.00
5/13/2021CIBCLower Price TargetC$25.00 ➝ C$23.00
5/13/2021Royal Bank of CanadaLower Price TargetSector PerformC$29.00 ➝ C$24.00
5/12/2021Raymond JamesReiterated RatingOutperformC$28.00
5/12/2021BMO Capital MarketsLower Price TargetOutperformC$27.00 ➝ C$25.00
5/12/2021ScotiabankLower Price TargetC$26.00 ➝ C$23.00
5/12/2021CIBCReiterated RatingNeutralC$25.00
4/28/2021Raymond JamesLower Price TargetOutperformC$32.00 ➝ C$28.00
3/15/2021CIBCLower Price TargetNAC$27.00 ➝ C$25.00
3/4/2021ScotiabankLower Price TargetC$32.00 ➝ C$26.00
3/1/2021Raymond JamesLower Price TargetOutperformC$37.00 ➝ C$32.00
3/1/2021TD SecuritiesLower Price TargetHoldC$32.00 ➝ C$28.00
3/1/2021Royal Bank of CanadaLower Price TargetSector PerformC$35.00 ➝ C$29.00
3/1/2021CIBCLower Price TargetC$32.00 ➝ C$27.00
2/26/2021National Bank FinancialReiterated RatingSector PerformC$32.00 ➝ C$28.00
1/27/2021Raymond JamesBoost Price TargetOutperformC$28.00 ➝ C$37.00
1/21/2021Credit Suisse GroupInitiated CoverageNeutralC$32.00
1/13/2021CIBCBoost Price TargetC$26.00 ➝ C$32.00
11/12/2020Royal Bank of CanadaBoost Price TargetSector PerformC$23.00 ➝ C$25.00
11/12/2020CIBCLower Price TargetC$26.50 ➝ C$26.00
11/11/2020Raymond JamesSet Price TargetOutperformC$28.00
11/1/2020National Bank FinancialBoost Price TargetOutperformC$24.50 ➝ C$27.00
10/28/2020Raymond JamesBoost Price TargetOutperformC$25.00 ➝ C$28.00
10/26/2020National Bank FinancialBoost Price TargetOutperformC$24.50 ➝ C$27.00
10/16/2020ScotiabankBoost Price TargetC$23.00 ➝ C$25.25
10/15/2020CIBCBoost Price TargetC$23.00 ➝ C$26.50
8/6/2020TD SecuritiesBoost Price TargetHoldC$23.00 ➝ C$25.00
8/6/2020CIBCBoost Price TargetC$22.50 ➝ C$23.00
8/6/2020Royal Bank of CanadaBoost Price TargetSector PerformC$22.00 ➝ C$23.00
8/5/2020Raymond JamesDowngradeStrong-Buy ➝ OutperformC$25.00
8/5/2020BMO Capital MarketsBoost Price TargetC$21.00 ➝ C$23.00
8/5/2020ScotiabankBoost Price TargetC$22.50 ➝ C$23.00
7/29/2020Raymond JamesBoost Price TargetStrong-BuyC$23.00 ➝ C$25.00
7/22/2020National Bank FinancialBoost Price TargetOutperformC$22.50 ➝ C$24.50
7/21/2020CIBCBoost Price TargetC$20.50 ➝ C$22.50
7/16/2020Raymond JamesBoost Price TargetStrong-BuyC$22.00 ➝ C$23.00
7/16/2020ScotiabankBoost Price TargetC$21.25 ➝ C$22.50
7/16/2020BMO Capital MarketsBoost Price TargetC$19.50 ➝ C$21.00
6/4/2020National Bank FinancialBoost Price TargetOutperformC$21.50 ➝ C$22.50
5/25/2020Raymond JamesSet Price TargetStrong-BuyC$22.00
5/17/2020ScotiabankBoost Price TargetC$20.00 ➝ C$20.50
4/30/2020National Bank FinancialBoost Price TargetOutperformC$19.50 ➝ C$21.50
3/25/2020Raymond JamesUpgradeOutperform ➝ Strong-BuyC$22.00
3/20/2020CIBCLower Price TargetC$21.00 ➝ C$19.00
3/13/2020National Bank FinancialLower Price TargetOutperformC$22.50 ➝ C$19.50
3/2/2020CIBCBoost Price TargetC$20.00 ➝ C$21.00
3/2/2020BMO Capital MarketsBoost Price TargetC$20.00 ➝ C$22.00
2/28/2020Raymond JamesBoost Price TargetOutperformC$20.00 ➝ C$22.00
2/13/2020National Bank FinancialBoost Price TargetOutperformC$21.00 ➝ C$22.50
2/10/2020Royal Bank of CanadaBoost Price TargetSector PerformC$17.00 ➝ C$22.00
2/7/2020CIBCBoost Price TargetC$18.00 ➝ C$20.00
2/7/2020TD SecuritiesBoost Price TargetHoldC$18.00 ➝ C$22.00
2/6/2020National Bank FinancialBoost Price TargetOutperformC$20.00 ➝ C$21.00
1/30/2020CIBCBoost Price TargetC$17.00 ➝ C$18.00
1/27/2020National Bank FinancialBoost Price TargetOutperformC$18.50 ➝ C$20.00
1/15/2020CIBCBoost Price TargetC$16.50 ➝ C$17.00
1/13/2020BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$17.00 ➝ C$20.00
11/14/2019Raymond JamesReiterated RatingOutperformC$17.50
11/13/2019TD SecuritiesLower Price TargetHoldC$17.50 ➝ C$17.00
11/13/2019CIBCBoost Price TargetC$16.00 ➝ C$16.50
11/13/2019Royal Bank of CanadaBoost Price TargetSector PerformC$16.00 ➝ C$17.00
10/23/2019CIBCBoost Price TargetC$15.50 ➝ C$16.00
9/30/2019National Bank FinancialSet Price TargetOutperformC$18.50
9/6/2019National Bank FinancialReiterated RatingOutperformC$18.50
8/14/2019Raymond JamesReiterated RatingOutperformC$17.50
7/26/2019Raymond JamesBoost Price TargetC$17.00 ➝ C$17.50
6/26/2019BMO Capital MarketsBoost Price TargetC$15.00 ➝ C$16.00
5/16/2019TD SecuritiesLower Price TargetHoldC$16.00 ➝ C$15.50
5/15/2019Raymond JamesSet Price TargetOutperformC$17.00
4/24/2019DesjardinsReiterated RatingHold ➝ AverageC$15.50
4/16/2019Raymond JamesReiterated RatingOutperformC$17.00
3/26/2019Raymond JamesSet Price TargetOutperformC$17.00
3/1/2019Raymond JamesReiterated RatingOutperformC$17.00
3/1/2019TD SecuritiesDowngradeBuy ➝ HoldC$15.00 ➝ C$16.00
2/19/2019National Bank FinancialBoost Price TargetOutperformC$17.50 ➝ C$18.50
2/13/2019BMO Capital MarketsBoost Price TargetMarket PerformC$13.50 ➝ C$15.00
11/14/2018Raymond JamesLower Price TargetOutperformC$20.00 ➝ C$17.00
11/6/2018BMO Capital MarketsLower Price TargetC$15.50 ➝ C$13.50
10/9/2018Industrial Alliance SecuritiesLower Price TargetC$18.00 ➝ C$16.00
10/5/2018National Bank FinancialLower Price TargetC$18.50 ➝ C$17.50
8/8/2018TD SecuritiesBoost Price TargetBuyC$15.50 ➝ C$16.00
8/3/2018Raymond JamesLower Price TargetOutperformC$29.00 ➝ C$20.00
7/27/2018National Bank FinancialLower Price TargetOutperformC$19.00 ➝ C$18.50
7/5/2018National Bank FinancialBoost Price TargetOutperformC$18.00 ➝ C$19.00
6/15/2018TD SecuritiesUpgradeHold ➝ BuyC$15.50
5/17/2018DesjardinsBoost Price TargetC$15.25 ➝ C$15.50
5/8/2018TD SecuritiesBoost Price TargetHoldC$15.00
2/23/2018TD SecuritiesLower Price TargetHoldC$15.50 ➝ C$15.00
2/7/2018BMO Capital MarketsDowngradeOutperform ➝ Market PerformC$19.00 ➝ C$15.00
1/11/2018CIBCLower Price TargetC$15.50 ➝ C$15.00
12/19/2017Raymond JamesBoost Price TargetOutperformC$18.50 ➝ C$19.00
10/31/2017TD SecuritiesBoost Price TargetHoldC$15.00 ➝ C$15.50
9/8/2017BMO Capital MarketsBoost Price TargetC$18.50 ➝ C$19.00
(Data available from 7/3/2017 forward)

News Sentiment Rating

0.92 (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
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/5/2021
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/4/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/3/2022
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/5/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/4/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/4/2022
  • 4 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/3/2022
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/3/2022

Current Sentiment

  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
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.
Read More

Today's Range

Now: C$17.30
Low: C$16.86
High: C$17.64

50 Day Range

MA: C$17.37
Low: C$16.20
High: C$18.39

52 Week Range

Now: C$17.30
Low: C$15.89
High: C$23.09

Volume

563,800 shs

Average Volume

500,000 shs

Market Capitalization

C$3.53 billion

P/E Ratio

N/A

Dividend Yield

4.06%

Beta

N/A

Frequently Asked Questions

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

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

What is the current price target for Innergex Renewable Energy?

0 Wall Street analysts have set twelve-month price targets for Innergex Renewable Energy in the last year. Their average twelve-month price target is C$23.48, suggesting a possible upside of 35.7%.
View the latest price targets for INE.

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

Innergex Renewable Energy currently has 2 hold ratings and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe INE will outperform the market and that investors should add to their positions of Innergex Renewable Energy.
View the latest ratings for INE.

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

Innergex Renewable Energy's physical mailing address is East Tower 1111 Saint-Charles St W Suite 1255, LONGUEUIL, QC J4K 5G4, Canada. The company's listed phone number is +1-450-9282550. The official website for Innergex Renewable Energy is www.innergex.com. Learn More about contacing Innergex Renewable Energy investor relations.