Desjardins Boosts Brookfield Renewable Partners (TSE:BEP.UN) Price Target to C$42.00

Brookfield Renewable Partners (TSE:BEP.UN - Get Free Report) NYSE: BEP had its target price upped by Desjardins from C$40.00 to C$42.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has a "hold" rating on the stock. Desjardins' price target points to a potential upside of 12.54% from the stock's previous close.

Brookfield Renewable Partners Price Performance

Shares of BEP.UN stock traded up C$0.43 during mid-day trading on Wednesday, reaching C$37.32. The stock had a trading volume of 255,887 shares, compared to its average volume of 342,624. Brookfield Renewable Partners has a 12-month low of C$27.50 and a 12-month high of C$40.84. The company has a market cap of C$10.64 billion, a P/E ratio of -42.90, a price-to-earnings-growth ratio of 8.53 and a beta of 0.89. The business has a 50-day simple moving average of C$34.51 and a 200 day simple moving average of C$32.59. The company has a current ratio of 0.52, a quick ratio of 0.45 and a debt-to-equity ratio of 107.80.

Insider Buying and Selling

In other Brookfield Renewable Partners news, Senior Officer Nancy Patricia Dorn acquired 2,470 shares of the company's stock in a transaction on Tuesday, May 20th. The shares were bought at an average cost of C$42.52 per share, for a total transaction of C$105,028.80.

Brookfield Renewable Partners Company Profile

Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals approximately 21 gigawatts of installed capacity.