Analyst Price Target is C$19.65
▲ +33.86% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Innergex Renewable Energy in the last 3 months. The average price target is C$19.65, with a high forecast of C$24.00 and a low forecast of C$17.00. The average price target represents a 33.86% upside from the last price of C$14.68.
Current Consensus is
The current consensus among 6 investment analysts is to buy stock in Innergex Renewable Energy. This Buy consensus rating has held steady for over two years.
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.