Brookfield Renewable
(NYSE:BEP)
$23.23
0.08[0.35%]
Last update: 9:28AM Get Real Time Here
Consensus Rating1
Outperform
Highest Price Target1
$47.00
Lowest Price Target1
$25.00
Consensus Price Target1
$32.81

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

Brookfield Renewable Partners LP has a consensus price target of $32.81, established from looking at the 30 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, UBS, and RBC Capital on February 12, 2024, November 17, 2023, and November 13, 2023. With an average price target of $27.33 between JP Morgan, UBS, and RBC Capital, there's an implied 17.66% upside for Brookfield Renewable Partners LP from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Nov 23
1
1
Feb
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
UBS
RBC Capital
Wells Fargo
Scotiabank

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Brookfield Renewable

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
02/12/2024BEPBuy Now
Brookfield Renewable
$23.2320.53%JP Morgan
Mark Strouse
$36 → $28DowngradeOverweight → NeutralGet Alert
11/17/2023BEPBuy Now
Brookfield Renewable
$23.237.62%UBS
William Grippin
$34 → $25DowngradeBuy → NeutralGet Alert
11/13/2023BEPBuy Now
Brookfield Renewable
$23.2324.84%RBC Capital
Nelson Ng
Reinstates → OutperformGet Alert
09/22/2023BEPBuy Now
Brookfield Renewable
$23.2337.75%Wells Fargo
Jonathan Reeder
$35 → $32MaintainsOverweightGet Alert
06/23/2023BEPBuy Now
Brookfield Renewable
$23.2363.58%Scotiabank
Robert Hope
→ $38Reinstates → OutperformGet Alert
06/15/2023BEPBuy Now
Brookfield Renewable
$23.2378.65%Credit Suisse
Andrew Kuske
$40 → $41.5MaintainsOutperformGet Alert
06/13/2023BEPBuy Now
Brookfield Renewable
$23.2337.75%Mizuho
Anthony Crowdell
$31 → $32MaintainsNeutralGet Alert
06/07/2023BEPBuy Now
Brookfield Renewable
$23.2372.19%Credit Suisse
Andrew Kuske
→ $40ReiteratesOutperform → OutperformGet Alert
05/08/2023BEPBuy Now
Brookfield Renewable
$23.2354.97%Wells Fargo
Jonathan Reeder
$35 → $36MaintainsOverweightGet Alert
04/17/2023BEPBuy Now
Brookfield Renewable
$23.2333.45%Mizuho
Anthony Crowdell
$33 → $31MaintainsNeutralGet Alert
03/28/2023BEPBuy Now
Brookfield Renewable
$23.2346.36%BMO Capital
Ben Pham
$33 → $34MaintainsOutperformGet Alert
11/07/2022BEPBuy Now
Brookfield Renewable
$23.2350.67%Wells Fargo
Jonathan Reeder
$38 → $35MaintainsOverweightGet Alert
09/30/2022BEPBuy Now
Brookfield Renewable
$23.2376.5%TD Securities
Sean Steuart
→ $41UpgradeBuy → Action List BuyGet Alert
09/30/2022BEPBuy Now
Brookfield Renewable
$23.2342.06%Mizuho
Anthony Crowdell
$38 → $33MaintainsNeutralGet Alert
08/08/2022BEPBuy Now
Brookfield Renewable
$23.2385.11%JP Morgan
Mark Strouse
$41 → $43MaintainsOverweightGet Alert
08/08/2022BEPBuy Now
Brookfield Renewable
$23.2385.11%RBC Capital
Nelson Ng
$39 → $43MaintainsSector PerformGet Alert
08/08/2022BEPBuy Now
Brookfield Renewable
$23.2380.8%Wells Fargo
Jonathan Reeder
$40 → $42MaintainsOverweightGet Alert
05/09/2022BEPBuy Now
Brookfield Renewable
$23.2376.5%TD Securities
Sean Steuart
→ $41UpgradeHold → BuyGet Alert
04/04/2022BEPBuy Now
Brookfield Renewable
$23.23TD Securities
Sean Steuart
DowngradeBuy → HoldGet Alert

FAQ

Q

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

A

The latest price target for Brookfield Renewable (NYSE: BEP) was reported by JP Morgan on February 12, 2024. The analyst firm set a price target for $28.00 expecting BEP to rise to within 12 months (a possible 20.53% upside). 10 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 JP Morgan, and Brookfield Renewable downgraded their neutral 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 February 12, 2024 so you should expect the next rating to be made available sometime around February 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 downgraded with a price target of $36.00 to $28.00. The current price Brookfield Renewable (BEP) is trading at is $23.23, which is out of the analyst’s predicted range.

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