Brookfield Renewable Partners LP (BEP.UN) Rating Reiterated by TD Securities
Brookfield Renewable Partners LP (TSE:BEP.UN)‘s stock had its “buy” rating reaffirmed by investment analysts at TD Securities in a research report issued on Friday. They presently have a C$35.00 price target on the stock.
A number of other equities analysts also recently commented on BEP.UN. Royal Bank Of Canada boosted their target price on shares of Brookfield Renewable Partners from C$39.00 to C$41.00 in a research note on Monday, August 8th. RBC Capital Markets boosted their target price on shares of Brookfield Renewable Partners from C$39.00 to C$41.00 in a research note on Friday, August 5th. Barclays PLC boosted their target price on shares of Brookfield Renewable Partners from C$40.00 to C$43.00 in a research note on Friday, August 5th. Finally, CIBC reiterated an “outperform” rating and set a C$44.00 target price on shares of Brookfield Renewable Partners in a research note on Wednesday, September 7th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of C$40.38.
About Brookfield Renewable Partners
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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