▲ +43.06% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Polaris Infrastructure in the last 3 months. The average price target is C$30.00, with a high forecast of C$30.00 and a low forecast of C$30.00. The average price target represents a 43.06% upside from the last price of C$20.97.
The current consensus among 2 investment analysts is to buy (strong buy) stock in Polaris Infrastructure. This rating has held steady since October 2020, when it changed from a Buy consensus rating.
Polaris Infrastructure Inc., a renewable energy company, acquires, explores for, develops, and operates geothermal and hydroelectric energy projects in Latin America. The company, through its subsidiaries, owns and operates the San Jacinto project, a 72 megawatt (MW) net capacity geothermal facility located in northwest Nicaragua. Its exploration and development property includes the Casita San Cristobal project comprising an exploration concession with an area of 100 square kilometers located in northwest Nicaragua. Polaris Infrastructure Inc. also operates run-of-river (ROR) hydro facility of 5 MW in Canchayllo, Peru; and 2 ROR hydro projects with the capacity of approximately 8 MW (net) and 20 MW (net) in Peru. The company was formerly known as Ram Power, Corp. and changed its name to Polaris Infrastructure Inc. in May 2015. Polaris Infrastructure Inc. was incorporated in 1984 and is based in Toronto, Canada.