Risk factor
Negligible price volatility
Profitability factor
Decent dividends
About
Brookfield Renewable Partners L.P. (BEP) oversees a substantial collection of facilities that produce clean energy, primarily situated across North America, Colombia, Brazil, various European countries, India, and China. This enterprise generates electricity using a diverse range of renewable technologies, such as hydroelectric power, wind farms, solar installations, distributed energy systems, pumped-hydro storage, cogeneration, and biomass. Their extensive portfolio collectively boasts an approximate installed capacity of 21,000 megawatts. Brookfield Renewable Partners Limited acts as the general partner for BEP. Founded in 1999 and headquartered in Hamilton, Bermuda, the company changed its name from Brookfield Renewable Energy Partners L.P. to its current title in May 2016.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBIT
Target Price
The average target price of BEP is 35 and suggests 1% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to decreas