Analyst Ratings For Innergex Renewable Energy (TSE:INE)
Today, Innergex Renewable Energy (TSE:INE) stock was downgraded by Raymond James Financial, Inc. from Strong-Buy to Outperform.
There are 4 hold ratings, 3 buy ratings on the stock.
The current consensus rating on Innergex Renewable Energy (TSE:INE) is Hold (Score: 2.43) with a consensus target price of C$16.54 per share, a potential .
Some recent analyst ratings include
- 4/20/2017-Raymond James Financial, Inc. was Downgraded by analysts at Raymond James Financial, Inc. from a “Strong-Buy ” rating to a ” Outperform” rating.
- 2/28/2017-AltaCorp Capital Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.
- 2/27/2017-TD Securities Reiterated Rating of Hold.
- 2/24/2017-Royal Bank of Canada Reiterated Rating of Sector Perform.
About Innergex Renewable Energy (TSE:INE)
Innergex Renewable Energy Inc. is an independent 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. Through its hydroelectric, wind power and solar power generation segments, it sells electricity produced by its hydroelectric, wind farm and solar facilities to publicly owned utilities or other creditworthy counterparties. Through its site development segment, it analyzes sites and develops hydroelectric, wind and solar facilities up to the commissioning stage. Its portfolio of assets consists of interests in approximately three groups of power-generating project. It has over 30 facilities with a net installed capacity of over 710 megawatts. The Company owns interests in approximately 30 hydroelectric facilities.
Recent Trading Activity for Innergex Renewable Energy (TSE:INE)
Shares of Innergex Renewable Energy closed the previous trading session at 14.32 down -0.21 -1.45% with 118,115 shares trading hands.