Brookfield Renewable
(NYSE:BEP)
$25.13
0.19[0.76%]
At close: Jun 18
$25.13
-0.34[-1.35%]
After Hours: 5:38PM EDT
Consensus Rating1
Outperform
Highest Price Target1
$47.00
Lowest Price Target1
$25.00
Consensus Price Target1
$32.13

Brookfield Renewable (NYSE:BEP) Stock, Analyst Ratings, Price Targets, Predictions

Brookfield Renewable Partners LP has a consensus price target of $32.13, established from looking at the 30 latest analyst ratings. The last 3 analyst ratings were released from Scotiabank, Scotiabank, and JP Morgan on June 12, 2024, May 6, 2024, and February 12, 2024. With an average price target of $30.33 between Scotiabank, Scotiabank, and JP Morgan, there's an implied 22.36% upside for Brookfield Renewable Partners LP from these 3 analyst ratings.

Analyst Trends and Forecast
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Feb
0
0
0
0
May
0
0
0
0
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Scotiabank
JP Morgan
UBS
RBC Capital
Wells Fargo

1calculated from analyst ratings

Analyst Ratings for Brookfield Renewable

Buy NowGet Alert
06/12/2024Buy Now29.08%Scotiabank
Robert Hope
$31 → $32MaintainsSector OutperformGet Alert
05/06/2024Buy Now25.05%Scotiabank
Robert Hope
$30 → $31MaintainsSector OutperformGet Alert
02/12/2024Buy Now12.95%JP Morgan
Mark Strouse
$36 → $28DowngradeOverweight → NeutralGet Alert
11/17/2023Buy Now0.85%UBS
William Grippin
$34 → $25DowngradeBuy → NeutralGet Alert
11/13/2023Buy Now16.98%RBC Capital
Nelson Ng
Reinstates → OutperformGet Alert
09/22/2023Buy Now29.08%Wells Fargo
Jonathan Reeder
$35 → $32MaintainsOverweightGet Alert
06/23/2023Buy Now53.29%Scotiabank
Robert Hope
→ $38Reinstates → OutperformGet Alert
06/15/2023Buy Now67.41%Credit Suisse
Andrew Kuske
$40 → $41.5MaintainsOutperformGet Alert
06/13/2023Buy Now29.08%Mizuho
Anthony Crowdell
$31 → $32MaintainsNeutralGet Alert
06/07/2023Buy Now61.36%Credit Suisse
Andrew Kuske
→ $40ReiteratesOutperform → OutperformGet Alert
05/08/2023Buy Now45.22%Wells Fargo
Jonathan Reeder
$35 → $36MaintainsOverweightGet Alert
04/17/2023Buy Now25.05%Mizuho
Anthony Crowdell
$33 → $31MaintainsNeutralGet Alert
03/28/2023Buy Now37.15%BMO Capital
Ben Pham
$33 → $34MaintainsOutperformGet Alert
11/07/2022Buy Now41.19%Wells Fargo
Jonathan Reeder
$38 → $35MaintainsOverweightGet Alert
09/30/2022Buy Now65.39%TD Securities
Sean Steuart
→ $41UpgradeBuy → Action List BuyGet Alert
09/30/2022Buy Now33.12%Mizuho
Anthony Crowdell
$38 → $33MaintainsNeutralGet Alert
08/08/2022Buy Now73.46%JP Morgan
Mark Strouse
$41 → $43MaintainsOverweightGet Alert
08/08/2022Buy Now73.46%RBC Capital
Nelson Ng
$39 → $43MaintainsSector PerformGet Alert
08/08/2022Buy Now69.42%Wells Fargo
Jonathan Reeder
$40 → $42MaintainsOverweightGet Alert
05/09/2022Buy Now65.39%TD Securities
Sean Steuart
→ $41UpgradeHold → BuyGet Alert
04/04/2022Buy NowTD Securities
Sean Steuart
DowngradeBuy → HoldGet Alert
04/01/2022Buy Now69.42%BMO Capital
Ben Pham
$38 → $42MaintainsOutperformGet Alert
03/28/2022Buy Now85.56%UBS
William Grippin
→ $46Initiates → BuyGet Alert
01/18/2022Buy NowNational Bank Of Canada
Rupert Merer
UpgradeSector Perform → OutperformGet Alert
01/07/2022Buy NowScotiabank
Robert Hope
UpgradeSector Perform → Sector OutperformGet Alert
12/16/2021Buy Now65.39%TD Securities
Sean Steuart
UpgradeHold → BuyGet Alert
12/09/2021Buy Now85.56%JP Morgan
Mark Strouse
UpgradeNeutral → OverweightGet Alert
09/22/2021Buy Now77.49%Raymond James
Frederic Bastien
UpgradeMarket Perform → OutperformGet Alert
08/06/2021Buy Now89.59%Barclays
Eric Beaumont
MaintainsOverweightGet Alert
06/28/2021Buy NowCredit Suisse
Andrew Kuske
UpgradeNeutral → OutperformGet Alert

FAQ

Q

What is the target price for Brookfield Renewable (BEP) stock?

A

The latest price target for Brookfield Renewable (NYSE:BEP) was reported by Scotiabank on June 12, 2024. The analyst firm set a price target for $32.00 expecting BEP to rise to within 12 months (a possible 29.08% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Brookfield Renewable (BEP)?

A

The latest analyst rating for Brookfield Renewable (NYSE:BEP) was provided by Scotiabank, and Brookfield Renewable maintained their sector outperform rating.

Q

When was the last upgrade for Brookfield Renewable (BEP)?

A

The last upgrade for Brookfield Renewable Partners LP happened on September 30, 2022 when TD Securities raised their price target to $41. TD Securities previously had a buy for Brookfield Renewable Partners LP.

Q

When was the last downgrade for Brookfield Renewable (BEP)?

A

The last downgrade for Brookfield Renewable Partners LP happened on February 12, 2024 when JP Morgan changed their price target from $36 to $28 for Brookfield Renewable Partners LP.

Q

When is the next analyst rating going to be posted or updated for Brookfield Renewable (BEP)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Brookfield Renewable, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Brookfield Renewable was filed on June 12, 2024 so you should expect the next rating to be made available sometime around June 12, 2025.

Q

Is the Analyst Rating Brookfield Renewable (BEP) correct?

A

While ratings are subjective and will change, the latest Brookfield Renewable (BEP) rating was a maintained with a price target of $31.00 to $32.00. The current price Brookfield Renewable (BEP) is trading at is $24.79, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.