Analysts’ Top Utilities Picks: Brookfield Renewable Partners (BEP), Sempra Energy (SRE)
There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Brookfield Renewable Partners (BEP – Research Report) and Sempra Energy (SRE – Research Report) with bullish sentiments.
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Brookfield Renewable Partners (BEP)
In a report released yesterday, Fadi Chamoun from BMO Capital maintained a Buy rating on Brookfield Renewable Partners, with a price target of $36.00. The company’s shares closed last Monday at $29.87.
According to TipRanks.com, Chamoun is a 5-star analyst with an average return of
Currently, the analyst consensus on Brookfield Renewable Partners is a Strong Buy with an average price target of $34.70, representing a 16.4% upside. In a report issued on February 1, TipRanks – Google also upgraded the stock to Buy with a C$45.00 price target.
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Sempra Energy (SRE)
Barclays analyst Nicholas Campanella maintained a Buy rating on Sempra Energy today and set a price target of $95.00. The company’s shares closed last Monday at $86.22.
According to TipRanks.com, Campanella is a 5-star analyst with an average return of
Currently, the analyst consensus on Sempra Energy is a Moderate Buy with an average price target of $101.50, implying a 16.7% upside from current levels. In a report issued on January 20, Wells Fargo also maintained a Buy rating on the stock with a $112.00 price target.
