Desjardins Lowers Brookfield Renewable Partners (TSE:BEP.UN) Price Target to C$37.00

Brookfield Renewable Partners (TSE:BEP.UN) (NYSE:BEP) had its price objective reduced by Desjardins from C$39.00 to C$37.00 in a research note issued to investors on Tuesday, BayStreet.CA reports. The firm currently has a “hold” rating on the stock. Desjardins’ price objective would indicate a potential upside of 14.87% from the stock’s current price.

Brookfield Renewable Partners Trading Up 11.5 %

TSE BEP.UN opened at C$32.21 on Tuesday. The stock has a market capitalization of C$9.24 billion, a price-to-earnings ratio of -74.91, a PEG ratio of 8.53 and a beta of 0.79. Brookfield Renewable Partners has a one year low of C$27.43 and a one year high of C$44.13. The company has a debt-to-equity ratio of 101.64, a current ratio of 0.57 and a quick ratio of 0.45. The business’s fifty day moving average is C$30.39 and its 200-day moving average is C$32.33.

Brookfield Renewable Partners Company Profile

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.