Brookfield Renewable Partners LP has a consensus price target of $35.23 based on the ratings of 12 analysts. The high is $47 issued by Barclays on August 6, 2021. The low is $25 issued by UBS on November 17, 2023. The 3 most-recent analyst ratings were released by JP Morgan, Scotiabank, and Scotiabank on July 16, 2024, June 12, 2024, and May 6, 2024, respectively. With an average price target of $31 between JP Morgan, Scotiabank, and Scotiabank, there's an implied 28.84% upside for Brookfield Renewable Partners LP from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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07/16/2024 | Buy Now | 24.69% | JP Morgan | Mark Strouse | $28 → $30 | Maintains | Neutral | Get Alert |
06/12/2024 | Buy Now | 33% | Scotiabank | Robert Hope | $31 → $32 | Maintains | Sector Outperform | Get Alert |
05/06/2024 | Buy Now | 28.84% | Scotiabank | Robert Hope | $30 → $31 | Maintains | Sector Outperform | Get Alert |
02/12/2024 | Buy Now | 16.38% | JP Morgan | Mark Strouse | $36 → $28 | Downgrade | Overweight → Neutral | Get Alert |
11/17/2023 | Buy Now | 3.91% | UBS | William Grippin | $34 → $25 | Downgrade | Buy → Neutral | Get Alert |
11/13/2023 | Buy Now | 20.53% | RBC Capital | Nelson Ng | — | Reinstates | → Outperform | Get Alert |
09/22/2023 | Buy Now | 33% | Wells Fargo | Jonathan Reeder | $35 → $32 | Maintains | Overweight | Get Alert |
06/23/2023 | Buy Now | 57.94% | Scotiabank | Robert Hope | → $38 | Reinstates | → Outperform | Get Alert |
06/15/2023 | Buy Now | 72.49% | Credit Suisse | Andrew Kuske | $40 → $41.5 | Maintains | Outperform | Get Alert |
06/13/2023 | Buy Now | 33% | Mizuho | Anthony Crowdell | $31 → $32 | Maintains | Neutral | Get Alert |
06/07/2023 | Buy Now | 66.25% | Credit Suisse | Andrew Kuske | → $40 | Reiterates | Outperform → Outperform | Get Alert |
05/08/2023 | Buy Now | 49.63% | Wells Fargo | Jonathan Reeder | $35 → $36 | Maintains | Overweight | Get Alert |
04/17/2023 | Buy Now | 28.84% | Mizuho | Anthony Crowdell | $33 → $31 | Maintains | Neutral | Get Alert |
03/28/2023 | Buy Now | 41.31% | BMO Capital | Ben Pham | $33 → $34 | Maintains | Outperform | Get Alert |
11/07/2022 | Buy Now | 45.47% | Wells Fargo | Jonathan Reeder | $38 → $35 | Maintains | Overweight | Get Alert |
09/30/2022 | Buy Now | 70.41% | TD Securities | Sean Steuart | → $41 | Upgrade | Buy → Action List Buy | Get Alert |
09/30/2022 | Buy Now | 37.16% | Mizuho | Anthony Crowdell | $38 → $33 | Maintains | Neutral | Get Alert |
08/08/2022 | Buy Now | 78.72% | JP Morgan | Mark Strouse | $41 → $43 | Maintains | Overweight | Get Alert |
08/08/2022 | Buy Now | 78.72% | RBC Capital | Nelson Ng | $39 → $43 | Maintains | Sector Perform | Get Alert |
08/08/2022 | Buy Now | 74.56% | Wells Fargo | Jonathan Reeder | $40 → $42 | Maintains | Overweight | Get Alert |
05/09/2022 | Buy Now | 70.41% | TD Securities | Sean Steuart | → $41 | Upgrade | Hold → Buy | Get Alert |
04/04/2022 | Buy Now | — | TD Securities | Sean Steuart | — | Downgrade | Buy → Hold | Get Alert |
04/01/2022 | Buy Now | 74.56% | BMO Capital | Ben Pham | $38 → $42 | Maintains | Outperform | Get Alert |
03/28/2022 | Buy Now | 91.19% | UBS | William Grippin | → $46 | Initiates | → Buy | Get Alert |
01/18/2022 | Buy Now | — | National Bank Of Canada | Rupert Merer | — | Upgrade | Sector Perform → Outperform | Get Alert |
01/07/2022 | Buy Now | — | Scotiabank | Robert Hope | — | Upgrade | Sector Perform → Sector Outperform | Get Alert |
12/16/2021 | Buy Now | 70.41% | TD Securities | Sean Steuart | — | Upgrade | Hold → Buy | Get Alert |
12/09/2021 | Buy Now | 91.19% | JP Morgan | Mark Strouse | — | Upgrade | Neutral → Overweight | Get Alert |
09/22/2021 | Buy Now | 82.88% | Raymond James | Frederic Bastien | — | Upgrade | Market Perform → Outperform | Get Alert |
08/06/2021 | Buy Now | 95.34% | Barclays | Eric Beaumont | — | Maintains | Overweight | Get Alert |
The latest price target for Brookfield Renewable (NYSE:BEP) was reported by JP Morgan on July 16, 2024. The analyst firm set a price target for $30.00 expecting BEP to rise to within 12 months (a possible 24.69% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Brookfield Renewable (NYSE:BEP) was provided by JP Morgan, and Brookfield Renewable maintained their neutral rating.
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.
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.
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 July 16, 2024 so you should expect the next rating to be made available sometime around July 16, 2025.
While ratings are subjective and will change, the latest Brookfield Renewable (BEP) rating was a maintained with a price target of $28.00 to $30.00. The current price Brookfield Renewable (BEP) is trading at is $24.06, which is out of the analyst’s predicted range.
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