Brookfield Renewable Partners’ (BEP.UN) Sector Perform Rating Reiterated at Royal Bank Of Canada
Brookfield Renewable Partners LP (TSE:BEP.UN)‘s stock had its “sector perform” rating reissued by research analysts at Royal Bank Of Canada in a research report issued to clients and investors on Monday. They currently have a C$41.00 price target on the stock.
Other research analysts have also recently issued research reports about the company. TD Securities reaffirmed a “buy” rating and set a C$35.00 target price on shares of Brookfield Renewable Partners in a research report on Friday. RBC Capital Markets increased their target price on Brookfield Renewable Partners from C$39.00 to C$41.00 in a research report on Friday, August 5th. CIBC reaffirmed an “outperform” rating and set a C$44.00 target price on shares of Brookfield Renewable Partners in a research report on Wednesday, September 7th. Finally, Barclays PLC increased their target price on Brookfield Renewable Partners from C$40.00 to C$43.00 in a research report on Friday, August 5th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of C$40.38.
Brookfield Renewable Partners Company Profile
Brookfield Renewable Partners L.P., formerly Brookfield Renewable Energy Partners L.P., owns and operates a portfolio of renewable power generating facilities in North America, Brazil, Colombia and Europe. The Company operates over three biomass facilities and Co-generation (Co-gen) facilities. The Company operates through three segments: Hydroelectric, Wind and Other, which includes Co-gen and Biomass.
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