Polaris Renewable Energy (TSE:PIF) Price Target Lowered to C$22.00 at National Bankshares

Polaris Renewable Energy (TSE:PIF) had its price objective decreased by stock analysts at National Bankshares from C$23.00 to C$22.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price objective would suggest a potential upside of 72.82% from the stock’s previous close.

PIF has been the topic of several other reports. Cormark lifted their target price on Polaris Renewable Energy from C$23.50 to C$25.00 in a research report on Thursday, January 30th. Raymond James lifted their price objective on Polaris Renewable Energy from C$19.00 to C$21.00 and gave the company a “strong-buy” rating in a research report on Friday, November 1st.

Polaris Renewable Energy Stock Up 0.5 %

Shares of PIF stock opened at C$12.73 on Tuesday. The company has a current ratio of 1.86, a quick ratio of 1.64 and a debt-to-equity ratio of 62.63. Polaris Renewable Energy has a 12 month low of C$11.08 and a 12 month high of C$13.85. The stock has a market cap of C$268.35 million, a P/E ratio of 25.46, a P/E/G ratio of 3.28 and a beta of 0.97. The company has a 50 day simple moving average of C$13.05 and a two-hundred day simple moving average of C$12.62.

Polaris Renewable Energy Company Profile

Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.