S&P 500   5,137.08 (+0.80%)
DOW   39,087.38 (+0.23%)
QQQ   445.61 (+1.51%)
AAPL   179.66 (-0.60%)
MSFT   415.50 (+0.45%)
META   502.30 (+2.48%)
GOOGL   137.14 (-0.95%)
AMZN   178.22 (+0.83%)
TSLA   202.64 (+0.38%)
NVDA   822.79 (+4.00%)
NIO   5.77 (+0.35%)
AMD   202.64 (+5.25%)
BABA   74.63 (+0.81%)
T   17.00 (+0.41%)
F   12.45 (+0.08%)
MU   95.15 (+5.01%)
CGC   3.21 (-2.43%)
GE   158.67 (+1.13%)
DIS   111.93 (+0.31%)
AMC   4.36 (+0.93%)
PFE   26.58 (+0.08%)
PYPL   60.54 (+0.33%)
XOM   105.78 (+1.21%)
S&P 500   5,137.08 (+0.80%)
DOW   39,087.38 (+0.23%)
QQQ   445.61 (+1.51%)
AAPL   179.66 (-0.60%)
MSFT   415.50 (+0.45%)
META   502.30 (+2.48%)
GOOGL   137.14 (-0.95%)
AMZN   178.22 (+0.83%)
TSLA   202.64 (+0.38%)
NVDA   822.79 (+4.00%)
NIO   5.77 (+0.35%)
AMD   202.64 (+5.25%)
BABA   74.63 (+0.81%)
T   17.00 (+0.41%)
F   12.45 (+0.08%)
MU   95.15 (+5.01%)
CGC   3.21 (-2.43%)
GE   158.67 (+1.13%)
DIS   111.93 (+0.31%)
AMC   4.36 (+0.93%)
PFE   26.58 (+0.08%)
PYPL   60.54 (+0.33%)
XOM   105.78 (+1.21%)
S&P 500   5,137.08 (+0.80%)
DOW   39,087.38 (+0.23%)
QQQ   445.61 (+1.51%)
AAPL   179.66 (-0.60%)
MSFT   415.50 (+0.45%)
META   502.30 (+2.48%)
GOOGL   137.14 (-0.95%)
AMZN   178.22 (+0.83%)
TSLA   202.64 (+0.38%)
NVDA   822.79 (+4.00%)
NIO   5.77 (+0.35%)
AMD   202.64 (+5.25%)
BABA   74.63 (+0.81%)
T   17.00 (+0.41%)
F   12.45 (+0.08%)
MU   95.15 (+5.01%)
CGC   3.21 (-2.43%)
GE   158.67 (+1.13%)
DIS   111.93 (+0.31%)
AMC   4.36 (+0.93%)
PFE   26.58 (+0.08%)
PYPL   60.54 (+0.33%)
XOM   105.78 (+1.21%)
S&P 500   5,137.08 (+0.80%)
DOW   39,087.38 (+0.23%)
QQQ   445.61 (+1.51%)
AAPL   179.66 (-0.60%)
MSFT   415.50 (+0.45%)
META   502.30 (+2.48%)
GOOGL   137.14 (-0.95%)
AMZN   178.22 (+0.83%)
TSLA   202.64 (+0.38%)
NVDA   822.79 (+4.00%)
NIO   5.77 (+0.35%)
AMD   202.64 (+5.25%)
BABA   74.63 (+0.81%)
T   17.00 (+0.41%)
F   12.45 (+0.08%)
MU   95.15 (+5.01%)
CGC   3.21 (-2.43%)
GE   158.67 (+1.13%)
DIS   111.93 (+0.31%)
AMC   4.36 (+0.93%)
PFE   26.58 (+0.08%)
PYPL   60.54 (+0.33%)
XOM   105.78 (+1.21%)

Innergex Renewable Energy (INE) Stock Forecast & Price Target

C$8.49
+0.04 (+0.47%)
(As of 03/1/2024 ET)

Innergex Renewable Energy 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 7 Analyst Ratings

Analysts' Consensus Price Target

C$13.36
57.37% Upside
High ForecastC$19.50
Average ForecastC$13.36
Low ForecastC$9.00
TypeCurrent Forecast
3/2/23 to 3/1/24
1 Month Ago
1/31/23 to 1/31/24
3 Months Ago
12/2/22 to 12/2/23
1 Year Ago
3/2/22 to 3/2/23
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
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$13.36C$15.03C$15.28C$19.95
Predicted Upside57.37% Upside55.64% Upside52.31% Upside33.35% Upside
Get Innergex Renewable Energy Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for INE and its competitors with MarketBeat's FREE daily newsletter.


INE 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.
Skip Chart & View Analyst Rating History

INE 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Innergex Renewable Energy Stock vs. The Competition

TypeInnergex Renewable EnergyUtilities Companies
Consensus Rating Score
2.71
2.40
Consensus RatingModerate BuyHold
News Sentiment RatingNeutral News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/23/2024Desjardins
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuyC$14.50 ➝ C$14.00+79.03%
2/23/2024CIBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutralC$9.00 ➝ C$9.50+21.48%
2/22/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperformC$15.00 ➝ C$13.00+60.10%
2/22/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperformC$10.00 ➝ C$9.00+10.84%
2/14/2024TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuyC$12.00 ➝ C$10.00+34.59%
2/12/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetSector PerformC$13.00 ➝ C$11.00+40.13%
1/9/2024National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformC$15.75 ➝ C$17.00+86.20%
6/28/2023Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$19.25 ➝ C$17.25+37.78%
4/24/2023CSFB
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$20.00 ➝ C$19.50+38.59%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 08:48 PM ET.












INE Price Target - Frequently Asked Questions

What is Innergex Renewable Energy's consensus rating and price target?

According to the issued ratings of 7 analysts in the last year, the consensus rating for Innergex Renewable Energy stock is Moderate Buy based on the current 2 hold ratings and 5 buy ratings for INE. The average twelve-month price prediction for Innergex Renewable Energy is C$13.36 with a high price target of C$19.50 and a low price target of C$9.00. Learn more on INE's analyst rating history.

Do Wall Street analysts like Innergex Renewable Energy more than its competitors?

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

Does Innergex Renewable Energy's stock price have much upside?

According to analysts, Innergex Renewable Energy's stock has a predicted upside of 53.61% based on their 12-month stock forecasts.

What analysts cover Innergex Renewable Energy?

Innergex Renewable Energy has been rated by BMO Capital Markets, CIBC, Desjardins, National Bankshares, Raymond James, Royal Bank of Canada, and TD Securities in the past 90 days.


Stock Ratings Reports and Tools

This page (TSE:INE) was last updated on 3/1/2024 by MarketBeat.com Staff