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.

Brookfield Renewable Partners (BEP) Gets a Buy from Morgan Stanley

Tipranks - Tipranks - Thu Aug 13, 7:36AM CDT

In a report released today, Robert Kad from Morgan Stanley maintained a Buy rating on Brookfield Renewable Partners, with a price target of $42.00.

Claim 55% Off TipRanks

According to TipRanks, Kad is a 4-star analyst with an average return of 7.5% and a 60.38% success rate. Kad covers the Energy sector, focusing on stocks such as Williams Co, World Kinect, and Hess Midstream Partners.

In addition to Morgan Stanley, Brookfield Renewable Partners also received a Buy from TD Cowen’s Sean Steuart in a report issued on August 4. However, on August 3, J.P. Morgan maintained a Hold rating on Brookfield Renewable Partners (NYSE: BEP).

See today’s best-performing stocks on TipRanks >>

Based on Brookfield Renewable Partners’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of C$1.66 billion and a GAAP net loss of C$101.36 million. In comparison, last year the company earned a revenue of C$1.69 billion and had a GAAP net loss of C$54 million

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.
Market data provided by Barchart. Exchange delay details and data provider terms here. Information may be delayed, is provided 'as is' and is solely for informational purposes, and not for trading, investment or advice.