Innergex Renewable Energy Inc has a consensus price target of $16.13 based on the ratings of 2 analysts. The high is $17.25 issued by Scotiabank on June 28, 2023. The low is $15 issued by National Bank Financial Inc on April 3, 2024. The 3 most-recent analyst ratings were released by National Bank Financial Inc, Scotiabank, and National Bank Financial Inc on April 3, 2024, June 28, 2023, and April 19, 2023, respectively. With an average price target of $17.75 between National Bank Financial Inc, Scotiabank, and National Bank Financial Inc, there's an implied 210.86% upside for Innergex Renewable Energy Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Innergex Renewable Energy (OTCPK:INGXF) was reported by National Bank Financial Inc on April 3, 2024. The analyst firm set a price target for $15.00 expecting INGXF to rise to within 12 months (a possible 162.70% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Innergex Renewable Energy (OTCPK:INGXF) was provided by National Bank Financial Inc, and Innergex Renewable Energy maintained their outperform rating.
There is no last upgrade for Innergex Renewable Energy
There is no last downgrade for Innergex Renewable Energy.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Innergex Renewable Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Innergex Renewable Energy was filed on April 3, 2024 so you should expect the next rating to be made available sometime around April 3, 2025.
While ratings are subjective and will change, the latest Innergex Renewable Energy (INGXF) rating was a maintained with a price target of $16.00 to $15.00. The current price Innergex Renewable Energy (INGXF) is trading at is $5.71, which is out of the analyst’s predicted range.
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