Desjardins Boosts Brookfield Renewable Partners (TSE:BEP.UN) Price Target to C$38.00

Brookfield Renewable Partners (TSE:BEP.UN) (NYSE:BEP) had its price objective hoisted by stock analysts at Desjardins from C$37.00 to C$38.00 in a note issued to investors on Monday, BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. Desjardins’ target price would indicate a potential upside of 5.20% from the stock’s current price.

Brookfield Renewable Partners Trading Down 0.8 %

Shares of TSE:BEP.UN opened at C$36.12 on Monday. The company has a market cap of C$10.33 billion, a PE ratio of -57.33, a P/E/G ratio of 8.53 and a beta of 0.79. The company’s 50 day moving average is C$30.75 and its two-hundred day moving average is C$32.54. Brookfield Renewable Partners has a 52 week low of C$27.43 and a 52 week high of C$44.13. The company has a current ratio of 0.56, a quick ratio of 0.45 and a debt-to-equity ratio of 99.29.

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.