Desjardins Raises Brookfield Renewable Partners (BEP.UN) Price Target to C$43.00

Brookfield Renewable Partners (TSE:BEP.UN) (NYSE:BEP) had its price target lifted by equities researchers at Desjardins from C$42.50 to C$43.00 in a research note issued to investors on Monday. The brokerage currently has a “hold” rating on the stock. Desjardins’ price objective indicates a potential upside of 11.49% from the company’s previous close.

BEP.UN stock opened at C$38.57 on Monday. Brookfield Renewable Partners has a twelve month low of C$37.78 and a twelve month high of C$45.47. The company has a debt-to-equity ratio of 85.31, a quick ratio of 0.42 and a current ratio of 0.95. The company has a market capitalization of $6.90 billion and a PE ratio of -150.66.

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.

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