Brookfield Renewable Partners (TSE:BEP.UN) PT Raised to C$38.00 at Desjardins

Brookfield Renewable Partners (TSE:BEP.UN) (NYSE:BEP) had its price objective upped by analysts at Desjardins from C$37.00 to C$38.00 in a research report issued on Monday, BayStreet.CA reports. The brokerage currently has a “hold” rating on the stock. Desjardins’ target price suggests a potential upside of 5.20% from the stock’s previous close.

Brookfield Renewable Partners Stock Performance

Brookfield Renewable Partners stock opened at C$36.12 on Monday. The firm’s 50 day simple moving average is C$30.75 and its 200 day simple moving average is C$32.54. The company has a current ratio of 0.56, a quick ratio of 0.45 and a debt-to-equity ratio of 99.29. Brookfield Renewable Partners has a 1-year low of C$27.43 and a 1-year high of C$44.13. The firm has a market capitalization of C$10.33 billion, a PE ratio of -57.33, a price-to-earnings-growth ratio of 8.53 and a beta of 0.79.

About Brookfield Renewable Partners

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.