TSE:BLX
53.77
1.46
(2.79%)
Boralex is a power producer whose core business is dedicated to the development, building and operation of renewable energy power facilities.
More at Wikipedia
Boralex Inc.
BLX-T
Analysis and Opinions about BLX-T
Signal
Opinion
Expert
BUY
BUY
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock and its peers have seen a run up recently. It is smaller than peers but it has a better growth profile. Good for growth oriented investors. Unlock Premium - Try 5i Free
COMMENT
COMMENT
November 18, 2020
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The Biden win was probably fully priced in so that accounts for the slight pullback recently. The stocks are up 50% this year. Sector rotation is also a factor and investors may be switching out for underperforming stocks. No real concern and both companies remain a buy. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The Biden win was probably fully priced in so that accounts for the slight pullback recently. The stocks are up 50% this year. Sector rotation is also a factor and investors may be switching out for underperforming stocks. No real concern and both companies remain a buy. Unlock Premium - Try 5i Free
BUY WEAKNESS
BUY WEAKNESS
October 14, 2020
Renewable space is attractive, a secular growth theme. You want exposure to the sector. Stock price has run up, so wait for a pullback. Good long-term play. Yield is 1.6%.
Show full opinionHide full opinionRenewable space is attractive, a secular growth theme. You want exposure to the sector. Stock price has run up, so wait for a pullback. Good long-term play. Yield is 1.6%.
TOP PICK
TOP PICK
September 21, 2020
Billy Kawasaki’s Insights - Picks from 5i Research. A renewable power producer. It has done well although it is expensive, trading around 71x earnings. They enjoy good earnings prospects and sales have doubled in past years. They have a lot of debt but cash flow is growing quickly. An aggressive choice in the sector. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Picks from 5i Research. A renewable power producer. It has done well although it is expensive, trading around 71x earnings. They enjoy good earnings prospects and sales have doubled in past years. They have a lot of debt but cash flow is growing quickly. An aggressive choice in the sector. Unlock Premium - Try 5i Free
PAST TOP PICK
PAST TOP PICK
July 3, 2020
(A Top Pick Jul 08/19, Up 62%) He still owns it. The market at the time was not giving fair value for the wind generation revenues of the company. In the past 4 consecutive quarters there was generation growth and the critics were put to rest. They have added several onshore wind projects in France and a solar project in New York.
Show full opinionHide full opinion(A Top Pick Jul 08/19, Up 62%) He still owns it. The market at the time was not giving fair value for the wind generation revenues of the company. In the past 4 consecutive quarters there was generation growth and the critics were put to rest. They have added several onshore wind projects in France and a solar project in New York.
TOP PICK
TOP PICK
April 24, 2020
A renewable energy company. Free cash flow is up huge. Earnings growth is expected up 33% next year. Yield 2.45% (Analysts’ price target is $29.88)
Show full opinionHide full opinionA renewable energy company. Free cash flow is up huge. Earnings growth is expected up 33% next year. Yield 2.45% (Analysts’ price target is $29.88)
TOP PICK
TOP PICK
February 18, 2020
He's owned this for 10 years, on and off. BLX is a big beneficiary in ESG as investors divest in oil and buy renewables. BLX is big in wind and hydro power. They have a yield of 2.09% with a lot of capital reinvested to grow the company. (Analysts’ price target is $27.94)
Show full opinionHide full opinionHe's owned this for 10 years, on and off. BLX is a big beneficiary in ESG as investors divest in oil and buy renewables. BLX is big in wind and hydro power. They have a yield of 2.09% with a lot of capital reinvested to grow the company. (Analysts’ price target is $27.94)
HOLD
HOLD
February 10, 2020
The renewable space. Good space and growth, but the valuations are high. BLX has had a pretty good move lately, but wouldn't add to it.
Show full opinionHide full opinionThe renewable space. Good space and growth, but the valuations are high. BLX has had a pretty good move lately, but wouldn't add to it.
BUY
BUY
November 18, 2019
A great chart. It's trending higher, though looks a little stretched. BLX is a bond proxy, so collect the dividend. Short-term, he expects a pullback, so investors should floor into this. This should be a relative outperformer. Great chart.
Show full opinionHide full opinionA great chart. It's trending higher, though looks a little stretched. BLX is a bond proxy, so collect the dividend. Short-term, he expects a pullback, so investors should floor into this. This should be a relative outperformer. Great chart.
PAST TOP PICK
PAST TOP PICK
October 24, 2019
(A Top Pick Jul 08/19, Up 10%) They had a couple of quarters below average in production and then had quarters above average. The price does not reflect their development pipeline. They are looking at solar in New York state but for now you are not paying for it.
Show full opinionHide full opinion(A Top Pick Jul 08/19, Up 10%) They had a couple of quarters below average in production and then had quarters above average. The price does not reflect their development pipeline. They are looking at solar in New York state but for now you are not paying for it.
TOP PICK
TOP PICK
July 8, 2019
It is a good candidate for environmental social governance investing. It is renewable energy. Assets are in Canada and France. They are guiding to a much stronger pipeline in France than originally anticipated. They are going into solar and battery technology also. (Analysts’ price target is $32.32)
Show full opinionHide full opinionIt is a good candidate for environmental social governance investing. It is renewable energy. Assets are in Canada and France. They are guiding to a much stronger pipeline in France than originally anticipated. They are going into solar and battery technology also. (Analysts’ price target is $32.32)
WAIT
WAIT
July 5, 2019
Sell? Yield is 3.35%. Likes the growth prospects. He would suggest to sit on this one and give it time, there is a good chance the share price will come back up. He would put this one a little bit in between the growth vs income spectrum. Probably going to be better options if you are really focused on the dividends.
Show full opinionHide full opinionSell? Yield is 3.35%. Likes the growth prospects. He would suggest to sit on this one and give it time, there is a good chance the share price will come back up. He would put this one a little bit in between the growth vs income spectrum. Probably going to be better options if you are really focused on the dividends.
PAST TOP PICK
PAST TOP PICK
March 27, 2019
(A Top Pick Oct 01/18, Up 9%) 47% of its wind turbines are in France which likes wind power. BLX sold off when Ontario's Ford government announced it would cut back on green power, but BLX is on sale now and pays a 3% yield. This has very long contracts at fixed utility rates.
Show full opinionHide full opinion(A Top Pick Oct 01/18, Up 9%) 47% of its wind turbines are in France which likes wind power. BLX sold off when Ontario's Ford government announced it would cut back on green power, but BLX is on sale now and pays a 3% yield. This has very long contracts at fixed utility rates.
BUY
BUY
March 14, 2019
He likes it. It pays a dividend. Not as high as some other renewable energy dividends, however. He expects to see some price fluctuations. If they want to acquire new projects they have to raise equity but their payout is not that high so they may not have to in terms of getting new projects. You could see it grow if we see growth in the renewable energy space.
Show full opinionHide full opinionHe likes it. It pays a dividend. Not as high as some other renewable energy dividends, however. He expects to see some price fluctuations. If they want to acquire new projects they have to raise equity but their payout is not that high so they may not have to in terms of getting new projects. You could see it grow if we see growth in the renewable energy space.
TOP PICK
TOP PICK
October 1, 2018
The biggest independent wind power company in Canada but also France, which accounts for nearly half its operations, plus 31% in Quebec where BLX recently bought more operations. Stock is down 15% because Ontario premier Ford said he would scrap green energy projects but BLX mostly has operations outside Ontario. BLX will continue to grow production. (3.5% dividend, Analysts' price target: $25.67)
The biggest independent wind power company in Canada but also France, which accounts for nearly half its operations, plus 31% in Quebec where BLX recently bought more operations. Stock is down 15% because Ontario premier Ford said he would scrap green energy projects but BLX mostly has operations outside Ontario. BLX will continue to grow production. (3.5% dividend, Analysts' price target: $25.67)
Boralex Inc.(BLX-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
Boralex Inc.(BLX-T) Frequently Asked Questions
What is Boralex Inc. stock symbol?
Boralex Inc. is a Canadian stock, trading under the symbol BLX-T on the Toronto Stock Exchange (BLX-CT). It is usually referred to as TSX:BLX or BLX-T
Is Boralex Inc. a buy or a sell?
In the last year, 4 stock analysts published opinions about BLX-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Boralex Inc..
Is Boralex Inc. a good investment or a top pick?
Boralex Inc. was recommended as a Top Pick by Stockchase Insights on 2021-01-15. Read the latest stock experts ratings for Boralex Inc..
Why is Boralex Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Boralex Inc. worth watching?
4 stock analysts on Stockchase covered Boralex Inc. In the last year. It is a trending stock that is worth watching.
What is Boralex Inc. stock price?
On 2021-01-21, Boralex Inc. (BLX-T) stock closed at a price of $53.77.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock and its peers have seen a run up recently. It is smaller than peers but it has a better growth profile. Good for growth oriented investors. Unlock Premium - Try 5i Free