Royal Bank Of Canada Reiterates “Sector Perform” Rating for Brookfield Renewable Partners LP (BEP.UN)
Brookfield Renewable Partners LP (TSE:BEP.UN)‘s stock had its “sector perform” rating restated by stock analysts at Royal Bank Of Canada in a report released on Monday, StockTargetPrices.com reports. They presently have a C$41.00 price target on the stock.
BEP.UN has been the subject of several other research reports. TD Securities reaffirmed a “buy” rating and set a C$33.00 price objective on shares of Brookfield Renewable Partners in a research report on Monday, June 13th. RBC Capital Markets increased their target price on Brookfield Renewable Partners from C$39.00 to C$41.00 in a report on Friday, August 5th. Barclays PLC increased their target price on Brookfield Renewable Partners from C$40.00 to C$43.00 in a report on Friday, August 5th. Finally, CIBC reiterated an “outperform” rating and issued a C$44.00 target price on shares of Brookfield Renewable Partners in a report on Wednesday, September 7th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Brookfield Renewable Partners has a consensus rating of “Buy” and an average target price 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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