This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Have Conflicting Sentiments on These Utilities Companies: Brookfield Renewable Partners (BEP) and American Water (AWK)

Tipranks - Tipranks - Sat May 30, 8:44AM CDT

Analysts have been eager to weigh in on the Utilities sector with new ratings on Brookfield Renewable Partners (BEP) and American Water (AWK).

Memorial Day Sale – Claim 70% Off TipRanks

Brookfield Renewable Partners (BEP)

Scotiabank analyst Robert Hope maintained a Buy rating on Brookfield Renewable Partners today and set a price target of $42.00. The company’s shares closed last Friday at $37.05.

According to TipRanks.com, Hope is a 5-star analyst with an average return of 13.1% and a 70.3% success rate. Hope covers the Utilities sector, focusing on stocks such as Algonquin Power & Utilities, Brookfield Infrastructure, and Northland Power. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Brookfield Renewable Partners with a $36.32 average price target, representing a -2.7% downside. In a report issued on May 15, TD Cowen also maintained a Buy rating on the stock with a $39.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

American Water (AWK)

Truist Financial analyst Richard Sunderland maintained a Hold rating on American Water today and set a price target of $130.00. The company’s shares closed last Friday at $123.72.

According to TipRanks.com, Sunderland is a 3-star analyst with an average return of 3.5% and a 53.5% success rate. Sunderland covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Pinnacle West Capital. ;'>

American Water has an analyst consensus of Hold, with a price target consensus of $132.43, implying an 8.2% upside from current levels. In a report issued on May 21, TipRanks – DeepSeek also downgraded the stock to Hold with a $133.00 price target.

Read More on BEP:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).