Brookfield Renewable Energy Partners LP (BEP) is Upgraded by Guggenheim to Buy

Brookfield Renewable Energy Partners LP (BEP) was Upgraded by Guggenheim to ” Buy”. Earlier the firm had a rating of “Neutral ” on the company shares. Guggenheim advised their investors in a research report released on Jul 20, 2016.

Many Wall Street Analysts have commented on Brookfield Renewable Energy Partners LP. Brookfield Renewable Energy Partners LP was Upgraded by National Bank Financial to ” Outperform” on Jul 13, 2016. Brookfield Renewable Energy Partners LP was Initiated by Guggenheim to “Neutral” on May 4, 2016.

Brookfield Renewable Energy Partners LP (BEP) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $30.46 and reached the intraday high at $30.5. The bulls started the profit booking and pushed the shares to intraday low of $30.294. The trading session was marked by a volume range of 18,971 shares exchanging hands. The 52-week high of the shares is $30.91 and the 52-week low is $20.36. The market cap of the company stands at $8,313 M and there are 27,29,03,340 shares in public circulation.

Brookfield Renewable Energy Partners L.P. (Brookfield Renewable) operates as a pure-play renewable power platform. The Company’s segments include hydroelectric wind and other. Brookfield Renewable operates renewable power generating assets which include conventional hydroelectric facilities located in the United States Canada and Brazil and wind facilities located in the United States Canada and Europe. Brookfield Renewable also operates two co-generation facilities. The Company owns and operates approximately 204 hydroelectric generating stations on 72 river systems and 28 wind facilities diversified across 13 power markets in the United States Canada Brazil and Europe. Brookfield Renewable’s portfolio primarily hydroelectric totals over 6700 megawatts (MW) and produces enough electricity from renewable resources to power 3.5 million homes each year. Its subsidiaries include Alta Wind VIII LLC Brookfield BRP Canada Corp. and Black Bear Hydro Partners LLC among others.

Brookfield Renewable Energy Partners LP

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