Brookfield Renewable Partners LP (BEP.UN) Given Average Recommendation of “Buy” by Brokerages
Shares of Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) have been assigned a consensus rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$39.00.
Separately, BMO Capital Markets cut Brookfield Renewable Partners from an “outperform” rating to a “market perform” rating in a research note on Wednesday, May 24th.
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Brookfield Renewable Partners Company Profile
Brookfield Renewable Partners L.P., formerly Brookfield Renewable Energy Partners L.P., is the owner and operator of a portfolio of assets that generate electricity from renewable resources. The Company operates as a pure-play renewable power platform. Its segments include Hydroelectric, Wind, Other and Corporate.
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