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Equities research analysts at National Bank Financial assumed coverage on shares of Brookfield Renewable Energy Partners LP Partnership Units (Bermuda) (NYSE:BEP) in a research note issued to investors on Wednesday. The firm set a “sector perform” rating on the stock.

BEP has been the subject of a number of other recent research reports. Analysts at BMO Capital Markets raised their price target on shares of Brookfield Renewable Energy Partners LP Partnership Units (Bermuda) from $30.00 to $33.00 in a research note on Monday, May 5th. Separately, analysts at Credit Suisse downgraded shares of Brookfield Renewable Energy Partners LP Partnership Units (Bermuda) from an “outperform” rating to a “neutral” rating in a research note on Monday, April 14th. Finally, analysts at RBC Capital downgraded shares of Brookfield Renewable Energy Partners LP Partnership Units (Bermuda) to a “sector perform” rating in a research note on Monday, March 24th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $33.00.

Shares of Brookfield Renewable Energy Partners LP Partnership Units (NYSE:BEP) opened at 28.51 on Wednesday. Brookfield Renewable Energy Partners LP Partnership Units has a 52 week low of $24.69 and a 52 week high of $30.19. The stock has a 50-day moving average of $29.21 and a 200-day moving average of $27.83. The company has a market cap of $7.489 billion and a P/E ratio of 98.65.

Brookfield Renewable Energy Partners LP Partnership Units (Bermuda) (NYSE:BEP) last announced its earnings results on Friday, May 2nd. The company reported $0.70 earnings per share (EPS) for the quarter. The company had revenue of $480.00 million for the quarter, compared to the consensus estimate of $437.00 million. On average, analysts predict that Brookfield Renewable Energy Partners LP Partnership Units will post $2.47 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, June 30th. Investors of record on Friday, May 30th will be given a dividend of $0.3875 per share. This represents a $1.55 dividend on an annualized basis and a yield of 5.43%. The ex-dividend date of this dividend is Wednesday, May 28th.

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