S&P 500   4,569.78
DOW   36,204.44
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Black Swan: this small cap surged over 1000% last week
All the trading advice you’ve ever received boils down to this (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
All the trading advice you’ve ever received boils down to this (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
All the trading advice you’ve ever received boils down to this (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
All the trading advice you’ve ever received boils down to this (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
All the trading advice you’ve ever received boils down to this (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
All the trading advice you’ve ever received boils down to this (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
All the trading advice you’ve ever received boils down to this (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio

Boralex (BLX) Stock Forecast & Price Target

C$31.78
+0.31 (+0.99%)
(As of 12/4/2023 ET)
Compare
Today's Range
C$31.34
C$32.07
50-Day Range
C$25.73
C$31.47
52-Week Range
C$25.40
C$43.43
Volume
255,637 shs
Average Volume
279,445 shs
Market Capitalization
C$3.27 billion
P/E Ratio
44.76
Dividend Yield
2.08%
Price Target
C$42.85

Boralex Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates 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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's 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. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 8 Analyst Ratings

Analysts' Consensus Price Target

C$42.85
34.83% Upside
High ForecastC$57.50
Average ForecastC$42.85
Low ForecastC$36.00
TypeCurrent Forecast
12/5/22 to 12/5/23
1 Month Ago
11/5/22 to 11/5/23
3 Months Ago
9/6/22 to 9/6/23
1 Year Ago
12/5/21 to 12/5/22
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$42.85C$42.59C$46.82C$44.58
Predicted Upside34.83% Upside42.51% Upside28.15% Upside20.29% Upside
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BLX Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BLX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Boralex Stock vs. The Competition

TypeBoralexUtilities Companies
Consensus Rating Score
2.88
2.41
Consensus RatingModerate BuyHold
News Sentiment RatingPositive News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/10/2023BMO Capital Markets
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 Lower TargetOutperformC$40.00 ➝ C$36.00+25.57%
11/10/2023National Bankshares
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 Boost TargetOutperformC$38.00 ➝ C$39.00+36.03%
10/26/2023Raymond James
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 Lower TargetOutperformC$49.00 ➝ C$40.00+49.98%
10/25/2023Desjardins
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 Lower TargetBuyC$45.00 ➝ C$40.00+53.96%
10/19/2023CIBC
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 Lower TargetOutperformC$43.00 ➝ C$39.00+45.58%
10/18/2023TD Securities
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 Lower TargetBuyC$46.00 ➝ C$41.00+51.24%
10/16/2023Royal Bank of Canada
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 Lower TargetSector PerformC$42.00 ➝ C$36.00+31.87%
8/22/2023CSFB
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 Boost TargetOutperformC$44.00 ➝ C$47.00+41.01%
12/30/2022Cormark
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 Boost TargetC$55.00 ➝ C$57.50+39.23%
12/30/2022Scotiabank
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 Boost TargetC$50.00 ➝ C$53.00+28.33%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:38 AM ET.












BLX Price Target - Frequently Asked Questions

What is Boralex's consensus rating and price target?

According to the issued ratings of 8 analysts in the last year, the consensus rating for Boralex stock is Moderate Buy based on the current 1 hold rating and 7 buy ratings for BLX. The average twelve-month price prediction for Boralex is C$42.85 with a high price target of C$57.50 and a low price target of C$36.00. Learn more on BLX's analyst rating history.

Do Wall Street analysts like Boralex more than its competitors?

Analysts like Boralex more than other Utilities companies. The consensus rating for Boralex is Moderate Buy while the average consensus rating for utilities companies is Hold. Learn more on how BLX compares to other companies.

Does Boralex's stock price have much upside?

According to analysts, Boralex's stock has a predicted upside of 45.08% based on their 12-month stock forecasts.

What analysts cover Boralex?

Stock Ratings Reports and Tools

This page (TSE:BLX) was last updated on 12/5/2023 by MarketBeat.com Staff

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