DBS analyst Elizabelle Pang maintained a Buy rating on Brookfield Renewable Partners (BEP – Research Report) yesterday and set a price target of $30.00. The company’s shares closed yesterday at $22.30.
Pang covers the Utilities sector, focusing on stocks such as Avangrid, Atlantica Yield, and Brookfield Renewable Partners. According to TipRanks, Pang has an average return of -1.0% and a 57.14% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Brookfield Renewable Partners with a $29.25 average price target, which is a 31.17% upside from current levels. In a report released on November 5, BMO Capital also maintained a Buy rating on the stock with a C$28.00 price target.
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The company has a one-year high of $31.99 and a one-year low of $19.97. Currently, Brookfield Renewable Partners has an average volume of 592.7K.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BEP in relation to earlier this year.
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Brookfield Renewable Partners (BEP) Company Description:
Brookfield Renewable Partners LP engages in owning a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China.. It operates through following segments: Hydroelectric; Wind; Solar; Storage and Other; and Corporate. The company was founded on June 27, 2011 and is headquartered in Hamilton, Bermuda.
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