Desjardins Increases 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 increased by investment analysts at Desjardins from C$40.00 to C$42.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. The brokerage currently has a "hold" rating on the stock. Desjardins' price objective would suggest a potential upside of 13.85% from the company's current price.

Brookfield Renewable Partners Price Performance

Brookfield Renewable Partners stock traded up C$0.33 during mid-day trading on Wednesday, hitting C$36.89. 196,905 shares of the company were exchanged, compared to its average volume of 343,258. The company has a debt-to-equity ratio of 107.80, a current ratio of 0.52 and a quick ratio of 0.45. The business's 50 day simple moving average is C$34.41 and its two-hundred day simple moving average is C$32.56. The company has a market capitalization of C$10.52 billion, a P/E ratio of -42.40, a PEG ratio of 8.53 and a beta of 0.89. Brookfield Renewable Partners has a 12-month low of C$27.50 and a 12-month high of C$40.84.

Insider Activity at Brookfield Renewable Partners

In other Brookfield Renewable Partners news, Senior Officer Nancy Patricia Dorn acquired 2,470 shares of the stock in a transaction dated Tuesday, May 20th. The stock was acquired at an average price of C$42.52 per share, with a total value 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.