Boralex Stock News

Canada''s main stock index tumbled Wednesday, after domestic data showing the annual inflation rate accelerated in January raised fears of quicker interest rate hikes and as Shopify Inc''s dismal forecast dented sentiment. The S&P/TSX Composite remained negative 118.91 points to wind up business Wednesday at 21,383.64. The Canadian dollar surged 0.24 cents at 78.82 cents U.S. Shopify lost $188.76, or 16.7%, to $943.86, after the company forecast a slowing pace in first-half revenue growth. Elsewhere in techs, Converge Technology Solutions bowed 41 cents, or 3.8%, to $10.49. In consumer staples, Alimentation Couche-Tard faded 82 cents, or 1.6%, to $51.43, while George Weston dropped $1.19 to $138.62. In utilities, Hydro One slid 41 cents, or 1.3%, to $31.46, while Boralex caved 36 cents, or 1.1%, to $32.93. In a bright spot, Barrick Gold gained $1.88, or 7.1%, to $28.21, after the miner announced a share repurchase of up to $1 billion and a bigger dividend payout as the gold miner''s fourth-quarter results beat analysts'' estimates.

MONTREAL, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) announces an agreement for the sale of the 34.5 MW Senneterre power plant (the “ Power Plant ”), the last remaining biomass power generation asset in its portfolio. The power plant has been purchased by Resolu Forest Products Canada Inc. (NYSE: RFP) (TSX: RFP), an Abitibi-Témiscamingue-based company that has been a supplier of by-product for the Power plant for the past two years.

Boralex (OTCPK:BRLXF) declares CAD 0.165/share quarterly dividend, in line with previous.Forward yield 1.99%Payable March 15; for shareholders of record Feb. 28; ex-div Feb.

Tudor Pickering reiterated their hold rating on shares of Boralex (TSE:BLX) in a research report sent to investors on Wednesday morning, Stock Target Advisor reports. Tudor Pickering currently has a C$41.00 target price on the stock. Other equities research analysts have also issued research reports about the stock. BMO Capital Markets restated a buy rating [] The post Boralexs (BLX) Hold Rating Reaffirmed at Tudor Pickering appeared first on ETF Daily News .

Boralex (TSE:BLX) had its target price decreased by TD Securities from C$50.00 to C$46.00 in a research report sent to investors on Thursday, Price Targets.com reports. TD Securities currently has an action list buy rating on the stock. A number of other research firms have also recently weighed in on BLX. CIBC reaffirmed a buy []

Boralex Inc. (TSE:BLX) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$33.81 and last traded at C$33.85, with a volume of 60370 shares. The stock had previously closed at C$34.29. A number of brokerages have issued reports on BLX. Tudor Pickering restated a “hold” rating […]

Boralex (OTCMKTS:BRLXF) had its price target cut by research analysts at National Bank Financial from C$50.00 to C$41.00 in a research report issued to clients and investors on Thursday, The Fly reports. The firm presently has an outperform rating on the stock. Separately, Scotiabank lowered their target price on Boralex from C$52.25 to C$51.00 and []

Boralex (TSE: BLX) recently received a number of ratings updates from brokerages and research firms: 12/1/2021 Boralex had its hold rating reaffirmed by analysts at Tudor Pickering. They now have a C$41.00 price target on the stock. 12/1/2021 Boralex was given a new C$41.00 price target on by analysts at Tudor Pickering & []

Boralex (TSE:BLX) has been given a C$50.00 target price by TD Securities in a research report issued to clients and investors on Thursday, BayStreet.CA reports. The brokerage presently has a buy rating on the stock. TD Securities target price points to a potential upside of 38.08% from the stocks previous close. BLX has been the []

Several analysts have recently updated their ratings and price targets for Boralex (TSE: BLX): 11/15/2021 Boralex was given a new C$56.00 price target on by analysts at Raymond James. They now have an outperform rating on the stock. 11/15/2021 Boralex had its buy rating reaffirmed by analysts at BMO Capital Markets. They now []

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Vancity Community Investment Bank (VCIB) and Six Nations of the Grand River Development Corp. (SNGRDC) have successfully closed $31 million in refinancing for the 230 MW Niagara Region Wind Farm. The 77-turbine wind farm was developed by Boralex Inc. and is the second largest in Ontario by installed capacity. The loan from VCIB refinances a [] The post Niagara Region Wind Farm Receives $31 Million in Refinancing Closing appeared first on North American Windpower .