Brookfield Renewable Partners LP (TSE:BEP.UN) Receives Consensus Rating of “Buy” from Analysts
Shares of Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) have earned an average rating of “Hold” from the six ratings firms that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is C$39.00.
Separately, BMO Capital Markets downgraded Brookfield Renewable Partners from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 24th.
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About Brookfield Renewable Partners
Brookfield Renewable Partners L.P., formerly Brookfield Renewable Energy Partners L.P., is the owner and operator of a portfolio of assets that generate electricity from renewable resources. The Company operates as a pure-play renewable power platform. Its segments include Hydroelectric, Wind, Other and Corporate.
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