Report
EUR 13.71 For Business Accounts Only

INNERGEX RENEWABLE EN. reduces its risk exposure and slightly improves to Neutral

The independent financial analyst theScreener just allocated a lower risk rating to INNERGEX RENEWABLE EN. (CA), active in the Alternative Electricity industry. As regards its fundamental valuation, the title still shows 2 out of 4 possible stars. Its market behaviour, however, has slightly improved and can be qualified as moderately risky. theScreener considers that these elements merit an overall rating upgrade to Neutral. As of the analysis date January 11, 2022, the closing price was CAD 17.27 and its expected value was estimated at CAD 18.86.
Underlying
Innergex Renewable Energy Inc.

Innergex Renewable Energy is a developer, owner and operator of renewable power-generating facilities, focused on the hydroelectric and wind power sectors. Co. operates three reportable segments: Hydroelectric Generation; Wind Power Generation; and Site Development. The Hydroelectric Generation and Wind Power Generation segments sell electricity produced from hydroelectric and wind farm facilities to publicly owned utilities. The Site Development segment analyzes potential sites and develops hydroelectric, wind farms and solar facilities up to the commissioning stage. As of Dec 31 2010, Co.'s total gross capacity from its operating facilities was 537.8 MW.

Provider
TheScreener
TheScreener

Empowering Investors

theScreener is the market leader for independent valuations of financial securities, equities, sectors and markets, and new funds. theScreener's ratings, analyses are used by leading banks, asset managers and financial portals.  Approximately 10,000 workstations benefit from theScreener's services, with over millions of customer accounts actively analysed.

  • Worldwide coverage: theScreener analyses cover around 6'500 Stocks, i.e 95% of the world Market Capitalization.  theScreener state of art: We provide
  • theScreener state of art: We provide easy to use and complete analyses over Stocks, including Fundamentals / Technical / Risk/ Peer / Alternatives analyses.
  • For Research Pool community, we provide twice a week around 500 new equity analyses. We produce analyses about equities which have been upgraded or downgraded

 

Other Reports on these Companies
Other Reports from TheScreener

ResearchPool Subscriptions

Get the most out of your insights

Get in touch