Brookfield Renewable Partners (TSE:BEP.UN) Earns “Hold” Rating from CIBC

CIBC reiterated their hold rating on shares of Brookfield Renewable Partners (TSE:BEP.UN) (NYSE:BEP) in a research report report published on Wednesday morning, Price Targets.com reports. They currently have a C$55.00 target price on the stock.

Several other research firms have also weighed in on BEP.UN. Raymond James upgraded Brookfield Renewable Partners to a buy rating and set a C$44.00 price target on the stock in a research report on Wednesday. CSFB raised Brookfield Renewable Partners from a neutral rating to an outperform rating and set a C$45.00 target price on the stock in a report on Monday, June 28th. Tudor Pickering reissued a buy rating and issued a C$55.00 target price on shares of Brookfield Renewable Partners in a report on Thursday, August 5th. Credit Suisse Group raised Brookfield Renewable Partners from a neutral rating to an outperform rating and set a C$45.00 target price on the stock in a report on Monday, June 28th. Finally, Royal Bank of Canada reissued a sector perform rating and issued a C$45.00 target price on shares of Brookfield Renewable Partners in a report on Monday, September 20th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of Buy and an average price target of C$47.11.

TSE BEP.UN opened at C$48.38 on Wednesday. The company has a quick ratio of 0.46, a current ratio of 0.86 and a debt-to-equity ratio of 89.30. Brookfield Renewable Partners has a twelve month low of C$40.63 and a twelve month high of C$63.39. The firm has a market capitalization of C$13.30 billion and a PE ratio of -42.93. The stock’s 50 day moving average is C$49.51 and its 200 day moving average is C$49.21.

Brookfield Renewable Partners Company Profile

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities in the North America, Colombia, Brazil, Europe, and internationally. The company operates through Hydroelectric; Wind; and Solar, Storage, and others segments. It operates 840 generation facilities using hydro, solar, wind, biomass, and other renewable technologies.

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Analyst Recommendations for Brookfield Renewable Partners (TSE:BEP.UN)

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