Brookfield Renewable Partners LP (TSE:BEP.UN – Get Rating) (NYSE:BEP) has been given a consensus rating of "Moderate Buy" by the twelve analysts that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$40.80.
Separately, Mizuho reiterated a "sector perform" rating and issued a C$33.00 target price on shares of Brookfield Renewable Partners in a research note on Friday.
Get Brookfield Renewable Partners alerts:Brookfield Renewable Partners Stock Up 2.2 %
BEP.UN stock opened at C$43.15 on Friday. The company has a debt-to-equity ratio of 101.92, a current ratio of 0.73 and a quick ratio of 0.42. The company has a 50-day moving average of C$48.96 and a two-hundred day moving average of C$47.34. Brookfield Renewable Partners has a 52-week low of C$39.24 and a 52-week high of C$53.09. The stock has a market capitalization of C$11.87 billion and a price-to-earnings ratio of -65.28.
Brookfield Renewable Partners Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 29th. Shareholders of record on Thursday, September 29th were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date of this dividend was Tuesday, August 30th. Brookfield Renewable Partners's dividend payout ratio is currently -188.73%.Brookfield Renewable Partners Company Profile
(Get Rating)
Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities in the North America, Colombia, Brazil, Europe, and internationally. The company operates through Hydroelectric; Wind; and Solar, Storage, and others segments. It operates 840 generation facilities using hydro, solar, wind, biomass, and other renewable technologies.
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