Boralex Inc. (TSE:BLX) Director Marie Giguère bought 3,000 shares of the business’s stock in a transaction dated Wednesday, November 15th. The shares were bought at an average price of C$22.18 per share, with a total value of C$66,540.00.

Shares of Boralex Inc. (TSE:BLX) traded up C$0.09 during mid-day trading on Wednesday, hitting C$22.17. The company had a trading volume of 117,920 shares, compared to its average volume of 173,422. Boralex Inc. has a twelve month low of C$16.47 and a twelve month high of C$23.21.

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A number of analysts have recently weighed in on the company. Raymond James Financial, Inc. upped their target price on Boralex from C$24.50 to C$26.00 in a research report on Tuesday, October 24th. BMO Capital Markets reiterated an “outperform” rating and set a C$25.50 target price on shares of Boralex in a research report on Thursday, October 19th. CIBC cut their target price on Boralex from C$25.00 to C$24.50 in a research report on Thursday, August 17th. Finally, TD Securities upped their price objective on Boralex from C$25.00 to C$26.00 in a research report on Monday.

About Boralex

Boralex Inc is a power producer that develops, constructs and operates renewable energy power stations. The Company’s segments include wind, hydroelectric, thermal and solar. It operates an asset base with a capacity of approximately 1,260 megawatts (MW), of which over 1,090 MW are under its control, consisting of approximately 490 MW in Canada, over 520 MW in France and over 80 MW in the Northeastern United States.

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