Scotiabank analyst Robert Hope maintained a Buy rating on Brookfield Renewable Partners (BEP – Research Report) today and set a price target of $30.00. The company’s shares opened today at $24.05.
Hope covers the Energy sector, focusing on stocks such as TC Energy, Enbridge, and Pembina Pipeline. According to TipRanks, Hope has an average return of 7.7% and a 60.92% success rate on recommended stocks.
In addition to Scotiabank, Brookfield Renewable Partners also received a Buy from RBC Capital’s Nelson Ng in a report issued on April 25. However, on April 17, J.P. Morgan maintained a Hold rating on Brookfield Renewable Partners (NYSE: BEP).
BEP market cap is currently $15.61B and has a P/E ratio of -72.93.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on BEP:
- Brookfield and Microsoft’s Landmark Green Energy Deal
- Brookfield and Microsoft’s Landmark Green Energy Pact
- Brookfield and Microsoft Forge Major Renewable Energy Deal
- Brookfield and Microsoft Collaborating to Deliver Over 10.5 GW of New Renewable Power Capacity Globally
- BEP Earnings Report this Week: Is It a Buy, Ahead of Earnings?
