Brookfield Renewable Energy Partners LP (BEP) was Upgraded by National Bank Financial to ” Outperform”. Earlier the firm had a rating of “Sector Perform ” on the company shares. National Bank Financial advised their investors in a research report released on Jul 13, 2016.
Many Wall Street Analysts have commented on Brookfield Renewable Energy Partners LP. Brookfield Renewable Energy Partners LP was Initiated by Guggenheim to “Neutral” on May 4, 2016.
Brookfield Renewable Energy Partners LP closed down -0.19 points or -0.64% at $29.57 with 40,335 shares getting traded on Monday. Post opening the session at $29.93, the shares hit an intraday low of $29.57 and an intraday high of $30 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.