RBC Capital analyst Nelson Ng maintained a Hold rating on Brookfield Renewable Partners (NYSE:BEP) on Monday, setting a price target of $55, which is approximately 15.42% above the present share price of $47.65.
Ng expects Brookfield Renewable Partners to post earnings per share (EPS) of -$0.29 for the first quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Hold rating of shares in Brookfield Renewable Partners, with an average price target of $38.77.
The analysts price targets range from a high of $55 to a low of $33.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $867 million and a net profit of $152 million. The company's market cap is $13.09 billion.
According to TipRanks.com, RBC Capital analyst Nelson Ng is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 29.4% and a 83.87% success rate.
Brookfield Renewable Partners LP engages in owning a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China.. It operates through following segments: Hydroelectric; Wind; Solar; Storage and Other; and Corporate. The company was founded on June 27, 2011 and is headquartered in Hamilton, Bermuda.