Brookfield Renewable Corporation (NYSE:BEPC) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Consensus "Hold" — Five analysts give BEPC an average Hold rating (2 Sell, 1 Hold, 2 Buy) with a 12‑month average target of $39.75.
• Shares are trading around $35.16, below the 50‑day and 200‑day moving averages (~$40.96/$40.75), with a 52‑week range of $27.27–$45.18, signaling recent weakness versus analyst targets.
• Institutional investors own about 75.12% of the stock, and several smaller funds added modest stakes in the fourth quarter, showing continued institutional interest despite mixed analyst opinions.

Shares of Brookfield Renewable Corporation (NYSE:BEPC - Get Free Report) have been given an average rating of "Hold" by the five analysts that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $39.75.

BEPC has been the subject of a number of research analyst reports. Barclays lifted their target price on Brookfield Renewable from $35.00 to $36.00 and gave the stock an "equal weight" rating in a report on Friday, January 23rd. Wall Street Zen cut Brookfield Renewable from a "hold" rating to a "sell" rating in a research note on Saturday, March 28th. JPMorgan Chase & Co. raised their price objective on Brookfield Renewable from $48.00 to $49.00 and gave the company an "overweight" rating in a research note on Thursday, April 16th. Finally, Morgan Stanley reissued an "underweight" rating and issued a $42.00 price objective (down from $48.00) on shares of Brookfield Renewable in a research note on Monday, March 23rd.

Institutional Investors Weigh In On Brookfield Renewable

Hedge funds have recently added to or reduced their stakes in the company. Motiv8 Investments LLC acquired a new stake in Brookfield Renewable in the fourth quarter valued at approximately $25,000. Torren Management LLC acquired a new stake in Brookfield Renewable in the fourth quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Brookfield Renewable in the fourth quarter valued at approximately $27,000. SHP Wealth Management acquired a new stake in Brookfield Renewable in the fourth quarter valued at approximately $30,000. Finally, Princeton Global Asset Management LLC grew its stake in Brookfield Renewable by 102.5% in the fourth quarter. Princeton Global Asset Management LLC now owns 800 shares of the company's stock valued at $31,000 after acquiring an additional 405 shares during the period. Institutional investors and hedge funds own 75.12% of the company's stock.

Brookfield Renewable Price Performance

Shares of BEPC stock opened at $35.16 on Friday. The stock has a 50 day simple moving average of $40.96 and a two-hundred day simple moving average of $40.75. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 1.35. Brookfield Renewable has a fifty-two week low of $27.27 and a fifty-two week high of $45.18.

Brookfield Renewable Company Profile

Brookfield Renewable Corporation NYSE: BEPC is a leading global owner, operator and developer of renewable power assets. Through its preferred equity securities, BEPC provides investors with exposure to a diversified portfolio of hydropower, wind, solar and energy storage facilities that are underpinned by long-term contractual revenues. The company focuses on delivering clean energy to wholesale and retail markets across multiple jurisdictions, leveraging the experience and financial backing of its parent, Brookfield Asset Management.

The company's operations span North America, South America, Europe and Asia-Pacific, with more than 23,000 megawatts of operational capacity.

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