Boralex Inc. (BLX) Director Michelle Samson-Doel Sells 2,000 Shares
Boralex Inc. (TSE:BLX) Director Michelle Samson-Doel sold 2,000 shares of the stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of C$22.10, for a total transaction of C$44,200.00.
Michelle Samson-Doel also recently made the following trade(s):
- On Tuesday, August 15th, Michelle Samson-Doel sold 4,000 shares of Boralex stock. The stock was sold at an average price of C$22.00, for a total transaction of C$88,000.00.
Shares of Boralex Inc. (TSE BLX) traded up 0.18% during mid-day trading on Friday, reaching $21.97. 61,199 shares of the company were exchanged. The firm’s market capitalization is $1.67 billion. Boralex Inc. has a 12 month low of $16.06 and a 12 month high of $23.00. The company’s 50 day moving average price is $21.66 and its 200 day moving average price is $21.37.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 18th. Investors of record on Thursday, August 31st will be given a dividend of $0.15 per share. The ex-dividend date is Tuesday, August 29th. This is an increase from Boralex’s previous quarterly dividend of $0.13. This represents a $0.60 dividend on an annualized basis and a yield of 2.73%.
BLX has been the topic of a number of analyst reports. CIBC decreased their target price on shares of Boralex from C$25.00 to C$24.50 in a research report on Thursday. Royal Bank Of Canada raised their target price on shares of Boralex from C$23.00 to C$24.00 and gave the stock an “outperform” rating in a research report on Friday, May 5th. Finally, TD Securities restated a “buy” rating and set a C$24.00 target price on shares of Boralex in a research report on Friday, May 5th. Seven research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average target price of C$24.08.
Boralex Inc is a power producer that develops, constructs and operates renewable energy power stations. The Company’s segments include wind, hydroelectric, thermal and solar. It operates an asset base with a capacity of approximately 1,260 megawatts (MW), of which over 1,090 MW are under its control, consisting of approximately 490 MW in Canada, over 520 MW in France and over 80 MW in the Northeastern United States.
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