Were Analysts Bullish Brookfield Renewable Partners L.P. (NYSE:BEP) This Week?

June 18, 2018 - By Clifton Ray

Brookfield Renewable Partners L.P. (NYSE:BEP) Logo

Brookfield Renewable Partners L.P. (NYSE:BEP) Ratings Coverage

Among 3 analysts covering Brookfield Renewable Partners L.P. (NYSE:BEP), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Brookfield Renewable Partners L.P. had 4 analyst reports since January 18, 2018 according to SRatingsIntel. Credit Suisse upgraded the stock to “Buy” rating in Tuesday, February 6 report. Guggenheim maintained the shares of BEP in report on Thursday, January 18 with “Buy” rating. The firm earned “Hold” rating on Tuesday, February 6 by BMO Capital Markets. The firm has “Market Perform” rating given on Wednesday, June 13 by BMO Capital Markets. Below is a list of Brookfield Renewable Partners L.P. (NYSE:BEP) latest ratings and price target changes.

13/06/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $33 New Target: $33.5 Maintain
06/02/2018 Broker: Credit Suisse Rating: Buy Upgrade
06/02/2018 Broker: BMO Capital Markets Rating: Hold New Target: $34.0 Maintain
18/01/2018 Broker: Guggenheim Rating: Buy New Target: $36.0 Maintain

The stock decreased 0.98% or $0.3 during the last trading session, reaching $30.2. About 131,208 shares traded or 31.42% up from the average. Brookfield Renewable Partners L.P. (NYSE:BEP) has declined 0.94% since June 18, 2017 and is downtrending. It has underperformed by 13.51% the S&P500.

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities. The company has market cap of $9.53 billion. It owns and operates 217 hydroelectric generating stations, 38 wind facilities, 4 biomass facilities, and 3 natural gas-fired plants with 10,731 megawatts of generating capacity in North America, Colombia, Brazil, and Europe. It currently has negative earnings. The firm sells its generation output primarily to public power authorities, load-serving utilities, and industrial users.

More notable recent Brookfield Renewable Partners L.P. (NYSE:BEP) news were published by: Fool.ca which released: “2 Green-Energy Stocks That Are Poised Soar Over the Next +20 Years” on June 17, 2018, also Streetinsider.com with their article: “Brookfield Renewable Energy Partners (BEP) Increases Ownership Stake in TerraForm Power (TERP)” published on June 11, 2018, Fool.ca published: “1 Secular Trend That Will Cause This Stock to Soar” on June 05, 2018. More interesting news about Brookfield Renewable Partners L.P. (NYSE:BEP) were released by: Fool.com and their article: “China’s Renewable Energy Growth Isn’t as Good as It Seems” published on June 04, 2018 as well as Fool.ca‘s news article titled: “2 Energy Stocks to Earn a Dividend Yield up to 7%” with publication date: June 15, 2018.

Brookfield Renewable Partners L.P. (NYSE:BEP) Ratings Chart

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