Brookfield Renewable Partners (TSE:BEP.UN) (NYSE:BEP) had its price target hoisted by investment analysts at National Bank Financial from C$41.00 to C$42.50 in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bank Financial’s price objective suggests a potential downside of 27.87% from the company’s current price.
Separately, CSFB lowered Brookfield Renewable Partners from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 25th.
Shares of TSE BEP.UN traded up C$0.03 during trading hours on Tuesday, reaching C$58.92. 276,731 shares of the stock were exchanged, compared to its average volume of 152,890. The firm has a market capitalization of $10.54 billion and a price-to-earnings ratio of 134.83. The company has a debt-to-equity ratio of 60.95, a quick ratio of 0.51 and a current ratio of 0.95. Brookfield Renewable Partners has a 52 week low of C$33.32 and a 52 week high of C$57.65. The stock’s fifty day simple moving average is C$55.26 and its 200 day simple moving average is C$48.52.
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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