RBC Capital analyst Nelson Ng maintained a Hold rating on Brookfield Renewable Partners (NYSE:BEP) L.P. on Friday, setting a price target of $43, which is approximately 0.21% below the present share price of $43.09.
Ng expects Brookfield Renewable Partners L.P. to post earnings per share (EPS) of $0.04 for the third quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Brookfield Renewable Partners, with an average price target of $50.57.
The analysts price targets range from a high of $60 to a low of $40.26.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $792 million and a net profit of $294 million. The company's market cap is $7.89 billion.
According to TipRanks.com, RBC Capital analyst Nelson Ng is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.4% and a 59.57% 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.