While Brookfield Renewable Partners LP has underperformed by -2.43%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BEP rose by 19.57%, with highs and lows ranging from $29.56 to $19.29, whereas the simple moving average jumped by 13.58% in the last 200 days.
On April 02, 2025, Barclays started tracking Brookfield Renewable Partners LP (NYSE: BEP) recommending Equal Weight. A report published by JP Morgan on December 12, 2024, Upgraded its rating to ‘Overweight’ for BEP. UBS also Upgraded BEP shares as ‘Buy’, setting a target price of $31 on the company’s shares in a report dated September 30, 2024. UBS November 17, 2023d the rating to Neutral on November 17, 2023, and set its price target from $34 to $25. RBC Capital Mkts initiated its ‘Outperform’ rating for BEP, as published in its report on November 13, 2023. Raymond James’s report from September 25, 2023 suggests a price prediction of $37 for BEP shares, giving the stock a ‘Strong Buy’ rating. TD Securities also rated the stock as ‘Buy’.
Analysis of Brookfield Renewable Partners LP (BEP)
A return on investment can be expected regardless of BEP’s performance over the next quarter with the dividend set at $1.47 per share. Further, the quarter-over-quarter increase in sales is 15.67%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Brookfield Renewable Partners LP’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -5.97% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.43, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and BEP is recording an average volume of 502.26K. On a monthly basis, the volatility of the stock is set at 2.39%, whereas on a weekly basis, it is put at 2.77%, with a gain of 2.87% over the past seven days. Furthermore, long-term investors anticipate a median target price of $29.92, showing growth from the present price of $27.25, which can serve as yet another indication of whether BEP is worth investing in or should be passed over.
How Do You Analyze Brookfield Renewable Partners LP Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.87%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 37.42% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
