Innergex Renewable Energy Inc (TSE:INE) Director Monique Mercier acquired 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The stock was purchased at an average price of C$13.52 per share, for a total transaction of C$13,520.00.

Shares of Innergex Renewable Energy Inc (TSE INE) traded down C$0.01 during trading hours on Tuesday, reaching C$13.51. 138,101 shares of the company traded hands, compared to its average volume of 123,660. Innergex Renewable Energy Inc has a 12-month low of C$12.52 and a 12-month high of C$15.72.

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Several brokerages recently weighed in on INE. TD Securities lifted their price objective on shares of Innergex Renewable Energy from C$15.00 to C$15.50 and gave the company a “hold” rating in a research report on Tuesday, October 31st. BMO Capital Markets lifted their price objective on shares of Innergex Renewable Energy from C$18.50 to C$19.00 in a research report on Friday, September 8th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of C$17.10.

Innergex Renewable Energy Company Profile

Innergex Renewable Energy Inc is a Canada-based renewable power producer. The Company is a developer, owner and operator of renewable power-generating facilities with a focus on hydroelectric, wind power and solar photovoltaic (PV) projects. It operates through four segments: hydroelectric generation, wind power generation, solar power generation and site development.

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