Brookfield Renewable Partners L – Consensus Indicates Potential 16.3% Upside

Broker Ratings
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Brookfield Renewable Partners L found using ticker (BEP) have now 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 46 and 38 calculating the average target price we see 41.55. With the stocks previous close at 35.73 this now indicates there is a potential upside of 16.3%. There is a 50 day moving average of 38.23 and the 200 moving average now moves to 37.23. The company has a market capitalisation of $22,669m. Company Website: https://www.bep.brookfield.com

The potential market cap would be $26,361m based on the market concensus.

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China. The company generates electricity through hydroelectric, wind, solar, distributed generation, pumped storage, cogeneration, and biomass sources. Its portfolio consists of approximately 21,000 megawatts of installed capacity. Brookfield Renewable Partners Limited operates as the general partner of Brookfield Renewable Partners L.P. The company was formerly known as Brookfield Renewable Energy Partners L.P. and changed its name to Brookfield Renewable Partners L.P. in May 2016. Brookfield Renewable Partners L.P. was founded in 1999 and is headquartered in Hamilton, Bermuda.

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