Evolution of the Average Target: Boralex Inc.

Evolution of the Target Price: Boralex Inc.

Changes in Analyst Recommendations: Boralex Inc.

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05-15 Canada research roundup-Bird Construction, Keyera, Quebecor RE
01-21 CIBC Revises Price Targets for Canadian Power and Utility Equities MT
12-17 Boralex Price Target Lowered to $33 at RBC MT
27/10/25 RBC Capital Markets Expects Company Headlines to Overshadow Softer Results for Canadian Energy Infrastructure Equities MT
11/08/25 Boralex Price Target Cut, But Keeps Outperform at National Bank MT
24/07/25 Boralex Maintained at Outperform at National Bank of Canada Ahead of Q2 Results MT
11/07/25 Boralex Maintained at Outperform at BMO Capital; Price Target Kept at C$39.00 MT
18/06/25 Boralex Price Target Raised at National Bank of Canada MT
22/05/25 Boralex Kept at Outperform Rating With a $42.00 Price Target at National Bank of Canada MT
15/05/25 Boralex Price Target Lowered to $42.00 from $43.00 at National Bank Following Q1 Results MT
09/04/25 National Bank Maintains Outperform Rating And Price Target on Boralex in Its Q1 Preview Note MT
10/10/24 Boralex Maintained at Outperform at National Bank Ahead of Q3 Results; Price Target Kept at C$46.00 MT
15/08/24 Boralex Maintained at Outperform at BMO After Q2 Results; Price Target Raised to C$39.00 MT
08/07/24 Boralex Price Target Raised, Outperform Rating Maintained by National Bank MT
28/05/24 National Bank Raises Price Targets on Six Companies Amid Increased Interest in Renewables MT
16/05/24 Boralex's Price Target Raised to $41 from $39 by National Bank of Canada MT
18/04/24 National Bank of Canada Gives Boralex Outperform Rating, $39 Price Target MT
04/03/24 Boralex Maintained at Outperform at BMO Following Q4 Results; Price Target Raised to C$37.00 MT
29/01/24 Boralex and Innergex Price Targets Raised at Desjardins MT
10/11/23 Boralex Maintained at Outperform by BMO Following Q3 Results; Price Target Lowered to C$36.00 MT
16/10/23 Boralex Price Target Lowered to $36 at RBC MT
15/08/23 Boralex Maintained at Outperform at BMO Following Q2 Results; Price Target Lowered to C$43.00 MT
15/08/23 Boralex Maintained at Outperform at National Bank Following Q2 Results; Price Target Trimmed to C$43.00 MT
03/01/23 Boralex Kept at Outperform by BMO Following its Purchase of a 50% Stake in Five US Windfarms; Price Target Cut to C$49.00 MT
03/01/23 Boralex Price Target Raised to $49 at Desjardins MT

Consensus Analysts' recommendations evolution (4 months) Financial estimates divergence Analysts' Target price divergence Objective/dr gap
- +0.65%
-10.7%
+39.51%
- - +59.68%
+20.79%
+52.55%
Average +27.08%
Weighted average by Cap. +15.55%
See all sector consensus

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
5
Last Close Price
37.01CAD
Average target price
37.25CAD
Spread / Average Target
+0.65%
High Price Target
37.25CAD
Spread / Highest target
+0.65%
Low Price Target
37.25CAD
Spread / Lowest Target
+0.65%

Analyst Consensus Detail

Consensus revision (last 18 months)

Analysts covering the company

RBC Capital Markets
BMO Capital
National Bank
National Bank Financial
Desjardins
Tudor Pickering Holt & Co.
Credit Suisse
TD Securities
CIBC World Markets
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
5
Last Close Price
37.01CAD
Average target price
37.25CAD
Spread / Average Target
+0.65%

Quarterly revenue - Rate of surprise

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