Brookfield Renewable Energy Partners Given Average Rating of “Hold” by Analysts (TSE:BEP.UN)
Shares of Brookfield Renewable Energy Partners (TSE:BEP.UN) have earned an average recommendation of “Hold” from the eleven ratings firms that are covering the stock, American Banking News reports. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is C$33.46.
A number of analysts have recently weighed in on BEP.UN shares. Analysts at RBC Capital raised their price target on shares of Brookfield Renewable Energy Partners from C$33.00 to C$34.00 in a research note on Thursday. They now have a “sector perform” rating on the stock. Separately, analysts at CSFB reiterated a “neutral” rating on shares of Brookfield Renewable Energy Partners in a research note on Tuesday, July 8th. Finally, analysts at Credit Suisse initiated coverage on shares of Brookfield Renewable Energy Partners in a research note on Tuesday, July 8th. They set a “neutral” rating on the stock.
Brookfield Renewable Energy Partners L.P. (TSE:BEP) operates its facilities through three regional operating centers in the United States, Canada and Brazil.
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