Boralex Inc's stock has remained stable amid significant acquisition news.
This week, Boralex Inc (BLX.TO) has seen consistent performance with no significant price movement, closing today at C$37.24. Despite a lack of new developments, the company has been in the spotlight due to its recent acquisition announcements.
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Boralex Inc
BLX.TO
BLX.TO
Boralex Inc
WealthAwesomeMarket cap
$3.83B
Div. yield
1.77%
Div. / share
$0.66
52W high
$37.25
52W low
$23.23
1W change
+0.00%
Beta
-0.03
Analyst Price Targets
Based on analyst covering BLX
Wall Street analysts forecast BLX stock price to rise 0.0% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$37.25
+0.0% Upside
Current Price
C$37.24
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BLX's historical volatility
30-Day Vol
1.8%
Annualized
90-Day Vol
3.0%
Annualized
Trend (90d)
+4.3%
Annualized drift
90d Mean
C$37.82
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$37.43 | C$37.20 โ C$37.67 |
| 60 trading days | C$37.62 | C$37.29 โ C$37.96 |
| 90 trading days | C$37.82 | C$37.41 โ C$38.23 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Boralex's stock has shown resilience, maintaining its value amidst the backdrop of major acquisition news. Investors may want to keep an eye on future developments as the company integrates with Brookfield and La Caisse.
Boralex's stock has risen 42.25% year-to-date.
Despite recent acquisition news, Boralex's stock has not seen significant movement, indicating potential investor caution.
Bull case
The acquisition by Brookfield and La Caisse could provide Boralex with more resources and stability, which may support growth in its renewable energy projects.
Bear case
The lack of immediate growth in stock value might raise concerns for investors about how the company will perform operationally after the acquisition, especially considering its current negative profit margin.
Price Action Overview
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Boralex Inc's stock closed at C$37.24, reflecting no change in price for the day. Over the past week, the stock has also remained flat, with a slight increase of 0.43% over the past month. Year-to-date, Boralex has performed significantly well, with a 42.25% increase.
Recent Company News
Boralex has been in the headlines recently due to the completion of its acquisition by Brookfield and La Caisse, announced on August 14, 2026. Shareholders are set to receive C$37.25 per share in cash. This acquisition follows a series of regulatory approvals and court confirmations, which have paved the way for this significant transition in ownership.
Technical Picture
From a technical standpoint, Boralex's current price of C$37.24 sits just above its 50-day moving average of C$37.01, indicating a slight bullish trend. The stock is also significantly above its 200-day moving average of C$31.66, suggesting long-term strength. The 52-week range for Boralex has been between C$23.23 and C$37.25, demonstrating a full utilization of its trading range. With a beta of -0.03, Boralex's stock has shown low volatility compared to the market.
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