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The latest update is out from Boralex Inc Cl A ( (TSE:BLX) ).
Boralex Inc. announced the retirement of Alain Rhéaume as Chair of the Board of Directors, effective once a successor is appointed by December 2025. Under Rhéaume’s leadership, the company has renewed its executive team, welcomed new directors, and pursued strategic plans, positioning itself well in the renewable energy sector amidst global economic challenges and opportunities in energy demand.
The most recent analyst rating on (TSE:BLX) stock is a Hold with a C$38.00 price target. To see the full list of analyst forecasts on Boralex Inc Cl A stock, see the TSE:BLX Stock Forecast page.
Spark’s Take on TSE:BLX Stock
According to Spark, TipRanks’ AI Analyst, TSE:BLX is a Neutral.
Boralex’s overall stock score reflects a combination of solid financial growth and strong technical momentum, offset by valuation concerns and challenges in profitability and cash flow management. The strategic initiatives and growth potential in renewable energy markets provide a positive outlook, but the high P/E ratio and financial constraints temper the optimism.
To see Spark’s full report on TSE:BLX stock, click here.
More about Boralex Inc Cl A
Boralex Inc. is a leader in providing affordable renewable energy, with over 30 years of experience in making renewable energy accessible to everyone.
Average Trading Volume: 333,222
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$3.35B
For detailed information about BLX stock, go to TipRanks’ Stock Analysis page.