Boralex Inc Class A
BLX: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 57.00 | Qwch | Qryycdtr |
Boralex Earnings: Solid Start to the Year; Shares Undervalued
We are maintaining our CAD 36 fair value estimate for no-moat Boralex following its first quarter earnings. Shares closed May 15 at a 13% discount to our fair value estimate following a 7% rise on the day.