Brookfield Renewable Partners L – Consensus Indicates Potential 34.5% Upside

Broker Ratings
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Brookfield Renewable Partners L with ticker code (BEP) now have 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 44 and 33 calculating the mean target price we have 39.16. Now with the previous closing price of 29.11 this would imply there is a potential upside of 34.5%. The 50 day moving average now sits at 30.6 and the 200 day moving average is 35.35. The market capitalisation for the company is $19,031m. Visit the company website at: https://www.bep.brookfield.com

The potential market cap would be $25,601m 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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