Brookfield Renewable Partners LP (TSE:BEP.UN)‘s stock had its “buy” rating restated by equities research analysts at TD Securities in a report issued on Friday. They currently have a C$35.00 price target on the stock.
Other analysts have also issued reports about the stock. Royal Bank Of Canada increased their price objective on shares of Brookfield Renewable Partners from C$39.00 to C$41.00 in a research report on Monday, August 8th. RBC Capital Markets increased their price objective on shares of Brookfield Renewable Partners from C$39.00 to C$41.00 in a research report on Friday, August 5th. CIBC reissued an “outperform” rating and issued a C$44.00 price objective on shares of Brookfield Renewable Partners in a research report on Wednesday, September 7th. Finally, Barclays PLC increased their price objective on shares of Brookfield Renewable Partners from C$40.00 to C$43.00 in a research report on Friday, August 5th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average 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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