NSE:MANAPPURAM 29 December 2025

April 30, 2026, 4:34 AM EDT. Boralex Inc. (TSE:BLX) stock climbed above its 200-day moving average of C$28.45, reaching C$36.82 in trading on Wednesday with 492,535 shares traded, signaling potential upward momentum. Analyst opinions vary: TD Securities downgraded Boralex to a "sell" despite raising the price target to C$37.25, while Scotiabank and National Bank Financial maintain "outperform" ratings but trimmed targets to around C$39. The company reported quarterly earnings of C$0.13 per share on C$258 million revenue, with a market cap of approximately C$3.78 billion. Boralex, focused on renewable energy assets across wind, hydro, thermal, and solar, is forecasted to deliver an EPS of 1.34 this fiscal year. Despite its high price-to-earnings ratio of 613, the stock maintains a "Moderate Buy" consensus with a C$38.46 average price target.