Brookfield Renewable Partners L with ticker code (BEP) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 47 and 35 with the average target price sitting at 42.2. Given that the stocks previous close was at 33.55 this now indicates there is a potential upside of 25.8%. The 50 day moving average now sits at 35.72 and the 200 moving average now moves to 38.18. The market cap for the company is $9,033m. Company Website: https://www.bep.brookfield.com
The potential market cap would be $11,362m 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 19,000 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 based in Toronto, Canada.
