Innergex Renewable Energy (INE) PT Raised to C$19.00 at Raymond James Financial
Innergex Renewable Energy (TSE:INE) had its price objective hoisted by Raymond James Financial from C$18.50 to C$19.00 in a report issued on Tuesday morning. They currently have an outperform rating on the stock.
Several other equities analysts have also issued reports on INE. BMO Capital Markets lifted their price target on shares of Innergex Renewable Energy from C$18.50 to C$19.00 in a report on Friday, September 8th. TD Securities lifted their price target on shares of Innergex Renewable Energy from C$15.00 to C$15.50 and gave the stock a hold rating in a report on Tuesday, October 31st. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Innergex Renewable Energy presently has an average rating of Hold and an average target price of C$17.20.
Innergex Renewable Energy (TSE INE) opened at C$14.43 on Tuesday. Innergex Renewable Energy has a 1-year low of C$13.39 and a 1-year high of C$15.72. The stock has a market cap of $1,580.00, a price-to-earnings ratio of 57.72 and a beta of 0.26.
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About Innergex Renewable Energy
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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