Boralex (OTCMKTS:BRLXF – Get Free Report) is expected to release its results before the market opens on Friday, February 27th. Analysts expect Boralex to post earnings of $0.3547 per share and revenue of $253.7730 million for the quarter.
Boralex Price Performance
BRLXF opened at $19.42 on Friday. The business’s 50-day moving average price is $18.92 and its two-hundred day moving average price is $19.51. Boralex has a 1 year low of $17.06 and a 1 year high of $24.03.
Analyst Upgrades and Downgrades
Separately, Royal Bank Of Canada reissued a “sector perform” rating on shares of Boralex in a research report on Monday, November 10th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
About Boralex
Boralex (OTCMKTS:BRLXF) is a Canada-based independent power producer specializing in renewable energy. The company focuses on the development, construction, acquisition and operation of onshore wind farms, solar power facilities, small-scale hydroelectric stations and energy storage projects. Drawing on in-house engineering and project management expertise, Boralex provides comprehensive services that cover site selection, permitting, financing and long-term operations.
Since its founding in 1990 in Kingsey Falls, Quebec, Boralex has expanded its footprint beyond North America into Europe and the United Kingdom.
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