Boralex Inc. (TSE:BLX) is set to issue its quarterly earnings data before the market opens on Wednesday, August 9th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter.

Boralex Inc. (TSE BLX) opened at 22.16 on Tuesday. The company’s 50 day moving average is $21.72 and its 200-day moving average is $21.15. Boralex Inc. has a 52-week low of $16.06 and a 52-week high of $23.00. The firm’s market cap is $1.68 billion.

Several analysts recently weighed in on BLX shares. Royal Bank Of Canada lifted their price target on shares of Boralex from C$23.00 to C$24.00 and gave the company an “outperform” rating in a report on Friday, May 5th. CIBC lifted their price target on shares of Boralex from C$24.50 to C$25.00 in a report on Monday, July 24th. Finally, TD Securities reiterated a “buy” rating and issued a C$24.00 price target on shares of Boralex in a report on Friday, May 5th. Seven investment analysts have rated the stock with a buy rating, Boralex has a consensus rating of “Buy” and an average price target of C$24.17.

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About Boralex

Boralex Inc, together with its subsidiaries, develops, constructs, and operates renewable energy power facilities primarily in Canada, France, and the United States. As of December 31, 2016, the company had interests in 50 wind power stations with an installed capacity of 798 megawatts (MW); 15 hydroelectric power stations with a capacity of 156 MW; 2 thermal power stations with an installed capacity of 47 MW; and 3 solar power facilities with an installed capacity of 16 MW.

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