Out of 4 analysts covering Brookfield Renewable (NYSE:BEP), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. Brookfield Renewable has been the topic of 7 analyst reports since October 12, 2015 according to StockzIntelligence Inc. Desjardins Securities downgraded the stock on July 29 to “Hold” rating. Below is a list of Brookfield Renewable Partners LP (NYSE:BEP) latest ratings and price target changes.
29/07/2016 Broker: Desjardins Securities Old Rating: Buy New Rating: Hold Downgrade
20/07/2016 Broker: Guggenheim Old Rating: Neutral New Rating: Buy Upgrade
13/06/2016 Broker: BMO Capital Markets Rating: Outperform Reinitiate
The stock decreased 1.03% or $0.31 on September 13, hitting $29.79. About 22,399 shares traded hands. Brookfield Renewable Partners LP (NYSE:BEP) has risen 11.07% since February 8, 2016 and is uptrending. It has underperformed by 5.42% the S&P500.
Brookfield Renewable Partners L.P., formerly Brookfield Renewable Energy Partners L.P., owns and operates a portfolio of renewable power generating facilities in North America, Brazil, Colombia and Europe. The company has a market cap of $5.02 billion. The Firm operates over three biomass facilities and Co-generation facilities. It currently has negative earnings. The Firm operates through three divisions: Hydroelectric, Wind and Other, which includes Co-gen and Biomass.
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