TSE:PL - Pinnacle Renewable Energy Inc. (PL.TO) Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$11.00
  • Forecasted Upside: 11.45 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
C$9.87
▲ +0.07 (0.71%)
1 month | 3 months | 12 months
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Analyst Price Target for PL

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
C$11.00
▲ +11.45% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Pinnacle Renewable Energy Inc. (PL.TO) in the last 3 months. The average price target is C$11.00, with a high forecast of C$13.50 and a low forecast of C$8.00. The average price target represents a 11.45% upside from the last price of C$9.87.
Buy
The current consensus among 7 contributing investment analysts is to buy stock in Pinnacle Renewable Energy Inc. (PL.TO).

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/4/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/2/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/31/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/30/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/29/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/27/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/26/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/25/2021

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
1/25/2021CormarkBoost Price TargetC$9.50 ➝ C$13.50
i
1/13/2021CIBCBoost Price TargetC$10.00 ➝ C$12.00
i
1/6/2021ScotiabankBoost Price TargetC$9.00 ➝ C$11.00
i
11/11/2020BMO Capital MarketsBoost Price TargetC$7.00 ➝ C$9.00
i
11/11/2020CIBCBoost Price TargetC$8.00 ➝ C$10.00
i
11/11/2020National Bank FinancialBoost Price TargetOutperformC$10.00 ➝ C$12.50
i
Rating by R. Merer at National Bank Financial
11/11/2020Royal Bank of CanadaBoost Price TargetOutperformC$9.00 ➝ C$10.00
i
11/11/2020TD SecuritiesBoost Price TargetBuyC$9.50 ➝ C$11.00
i
11/10/2020ScotiabankBoost Price TargetC$8.00 ➝ C$9.00
i
9/21/2020ATB CapitalBoost Price TargetC$7.00 ➝ C$8.00
i
9/3/2020ScotiabankBoost Price TargetC$7.50 ➝ C$8.00
i
8/11/2020Stifel FirstegyUpgradeHold ➝ Buy
i
Rating by I. Gillies at Stifel Firstegy
8/11/2020National Bank FinancialUpgradeSector Perform ➝ OutperformC$8.00
i
Rating by R. Merer at National Bank Financial
7/6/2020AltaCorp CapitalReiterated RatingOutperform
i
Rating by N. Heywood at AltaCorp Capital
6/12/2020ScotiabankUpgradeSector Perform ➝ Outperform
i
5/18/2020ScotiabankLower Price TargetC$9.50 ➝ C$7.50
i
5/13/2020Stifel FirstegyDowngradeBuy ➝ Hold
i
Rating by I. Gillies at Stifel Firstegy
5/12/2020National Bank FinancialDowngradeOutperform ➝ Sector PerformC$13.00 ➝ C$8.00
i
Rating by R. Merer at National Bank Financial
5/12/2020ScotiabankLower Price TargetC$12.00 ➝ C$9.50
i
5/11/2020DesjardinsDowngradeBuy ➝ Hold
i
Rating by D. Newman at Desjardins
3/20/2020CIBCLower Price TargetC$10.00 ➝ C$8.00
i
3/13/2020National Bank FinancialLower Price TargetOutperformC$15.00 ➝ C$13.00
i
3/4/2020Royal Bank of CanadaLower Price TargetOutperformC$13.00 ➝ C$12.00
i
3/4/2020BMO Capital MarketsLower Price TargetC$10.25 ➝ C$9.50
i
3/4/2020CIBCLower Price TargetC$11.00 ➝ C$10.00
i
3/4/2020Stifel NicolausLower Price TargetC$13.50 ➝ C$12.00
i
2/19/2020DesjardinsReiterated RatingBuy
i
Rating by D. Newman at Desjardins
1/17/2020National Bank FinancialBoost Price TargetOutperformC$14.00 ➝ C$15.00
i
1/15/2020CIBCBoost Price TargetC$10.00 ➝ C$11.00
i
12/24/2019BMO Capital MarketsBoost Price TargetC$9.00 ➝ C$10.25
i
11/20/2019Royal Bank of CanadaSet Price TargetOutperformC$13.00
i
11/14/2019National Bank FinancialLower Price TargetOutperformC$15.50 ➝ C$14.00
i
10/23/2019CIBCLower Price TargetC$11.00 ➝ C$10.00
i
10/2/2019CIBCDowngradeOutperform ➝ NeutralC$14.00 ➝ C$11.00
i
10/2/2019Royal Bank of CanadaLower Price TargetOutperformC$15.00 ➝ C$13.00
i
8/15/2019GMP SecuritiesBoost Price TargetBuyC$13.00 ➝ C$14.00
i
8/14/2019CIBCLower Price TargetC$14.50 ➝ C$14.00
i
5/10/2019Royal Bank of CanadaLower Price TargetOutperformC$16.00 ➝ C$15.00
i
4/23/2019CIBCBoost Price TargetC$14.00 ➝ C$14.50
i
2/25/2019National Bank FinancialUpgradeSector Perform ➝ OutperformC$15.50
i
Rating by R. Merer at National Bank Financial
2/14/2019CIBCLower Price TargetC$17.00 ➝ C$14.00
i
2/14/2019BMO Capital MarketsLower Price TargetOutperformC$16.00 ➝ C$14.00
i
2/12/2019National Bank FinancialDowngradeOutperform Overweight ➝ Sector Perform OverweightC$17.00 ➝ C$13.50
i
Rating by R. Merer at National Bank Financial
(Data available from 1/26/2016 forward)
Pinnacle Renewable Energy Inc. (PL.TO) logo
Pinnacle Renewable Energy Inc., together with its subsidiaries, manufactures, distributes, and sells industrial wood pellets for industrial electrical power generation and home heating consumption in North America, Asia, and Europe. The company produces renewable fuel in the form of industrial wood pellets for electricity generation, which are used by utilities and large-scale power generators to produce renewable and baseload power. It also owns and operates the Westview port facility at Prince Rupert for the storage, handling, and loading of third party wood pellets. The company was formerly known as Pinnacle Renewable Holdings Inc. and changed its name to Pinnacle Renewable Energy Inc. in December 2018. Pinnacle Renewable Energy Inc. was founded in 1989 and is headquartered in Richmond, Canada.
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Today's Range

Now: C$9.87
C$9.43
C$9.94

50 Day Range

MA: C$9.41
C$8.56
C$10.30

52 Week Range

Now: C$9.87
C$3.63
C$11.49

Volume

31,985 shs

Average Volume

49,318 shs

Market Capitalization

C$329.26 million

P/E Ratio

N/A

Dividend Yield

1.53%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Pinnacle Renewable Energy Inc. (PL.TO)?

The following Wall Street research analysts have issued stock ratings on Pinnacle Renewable Energy Inc. (PL.TO) in the last twelve months: AltaCorp Capital, ATB Capital, BMO Capital Markets, CIBC, Cormark, Desjardins, National Bank Financial, Royal Bank of Canada, Scotiabank, Stifel Firstegy, Stifel Nicolaus, and TD Securities.

What is the current price target for Pinnacle Renewable Energy Inc. (PL.TO)?

9 Wall Street analysts have set twelve-month price targets for Pinnacle Renewable Energy Inc. (PL.TO) in the last year. Their average twelve-month price target is C$11.00, suggesting a possible upside of 13.2%. Cormark has the highest price target set, predicting PL will reach C$13.50 in the next twelve months. ATB Capital has the lowest price target set, forecasting a price of C$8.00 for Pinnacle Renewable Energy Inc. (PL.TO) in the next year.

What is the current consensus analyst rating for Pinnacle Renewable Energy Inc. (PL.TO)?

Pinnacle Renewable Energy Inc. (PL.TO) currently has 1 hold rating and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe PL will outperform the market and that investors should add to their positions of Pinnacle Renewable Energy Inc. (PL.TO).

What other companies compete with Pinnacle Renewable Energy Inc. (PL.TO)?

How do I contact Pinnacle Renewable Energy Inc. (PL.TO)'s investor relations team?

The company's listed phone number is 604-270-9613. The official website for Pinnacle Renewable Energy Inc. (PL.TO) is pinnaclepellet.com.