Innergex Renewable Energy (TSE:INE) had its price target lowered by CIBC from C$15.50 to C$15.00 in a research note published on Thursday.
Several other research analysts have also commented on INE. Raymond James Financial raised their price target on Innergex Renewable Energy from C$18.50 to C$19.00 and gave the stock an outperform rating in a research report on Tuesday, December 19th. TD Securities raised their price target on Innergex Renewable Energy from C$15.00 to C$15.50 and gave the stock a hold rating in a research report on Tuesday, October 31st. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has an average rating of Hold and an average target price of C$16.90.
Innergex Renewable Energy (TSE:INE) opened at C$13.90 on Thursday. Innergex Renewable Energy has a 52-week low of C$13.39 and a 52-week high of C$15.72. The company has a market capitalization of $1,510.00, a price-to-earnings ratio of 55.60 and a beta of 0.26.
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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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