Boralex Inc remains stable this week as it navigates through its recent acquisition news and ongoing growth projects.
Boralex Inc (BLX.TO) has experienced consistent performance this week, closing at C$37.24 with no significant price movement. The company is under the spotlight as it recently completed an acquisition and continues to expand its operational capabilities in the renewable energy sector.
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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 · as of Sep 17, 2026
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
Targets are snapshotted when they change. Unchanged figures keep their original date. 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 (1σ) |
|---|---|---|
| 30 trading days | C$37.43 | C$37.20 – C$37.67 |
| 60 trading days | C$37.62 | C$37.29 – C$37.96 |
| 90 trading days | C$37.82 | C$37.41 – C$38.23 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors may find Boralex's stability appealing, especially with its recent acquisition and growth in operating income. However, the company's negative profit margin and low return on equity suggest caution in long-term investment strategies.
Boralex Inc's Share Price Remains Steady at C$37.24
The stock has maintained a consistent trading volume of 940,177 shares, exceeding its 20-day average volume of 674,999 shares, suggesting increased investor interest.
Bull case
Boralex's recent acquisition by Brookfield and La Caisse enhances its operational capabilities. The commissioning of Canada’s largest battery storage facility and rising operating income indicate potential for future growth.
Bear case
Despite these developments, Boralex's negative profit margin and low return on equity raise concerns about profitability and efficiency. Investors should also consider the company's recent stock performance stability, which may suggest limited short-term growth.
Price Action This Week
Boralex Inc (BLX.TO) has not experienced any significant price movement this week, closing at C$37.24. The stock's performance has remained unchanged over the past week, with a year-to-date increase of 42.25%. Investors are closely monitoring the stock following recent acquisition news.
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Recent Company News
Boralex's recent acquisition by Brookfield and La Caisse for C$37.25 per share marks a significant development for the company. This acquisition is expected to enhance Boralex's operational capabilities in the renewable energy sector. Additionally, the commissioning of Canada's largest battery storage facility in collaboration with Six Nations of the Grand River Development Corporation marks a key growth initiative for Boralex.
Technical Picture
Boralex's stock is currently trading above its 50-day moving average of C$37.01, indicating a positive short-term trend. The 200-day moving average stands at C$31.66, suggesting strong long-term performance. The stock's 52-week range has been C$23.23 to C$37.25, with the current price sitting at the higher end of this range. The beta of -0.03 indicates low volatility compared to the market.
Volume Trends
The latest trading volume for Boralex was 940,177 shares, significantly higher than the 20-day average volume of 674,999 shares. This increase in volume may indicate heightened investor interest and activity in the stock.
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