CSFB Lowers Brookfield Renewable Partners (TSE:BEP.UN) to Neutral

CSFB downgraded shares of Brookfield Renewable Partners (TSE:BEP.UN) (NYSE:BEP) from an outperform rating to a neutral rating in a research note issued to investors on Thursday, BayStreet.CA reports.

Separately, National Bank Financial raised their price target on TransAlta Renewables from C$13.00 to C$13.25 and gave the company a sector perform rating in a report on Wednesday, July 10th.

Brookfield Renewable Partners stock opened at C$47.22 on Thursday. The company has a debt-to-equity ratio of 57.35, a current ratio of 0.98 and a quick ratio of 0.38. The company has a market cap of $8.45 billion and a P/E ratio of 126.60. Brookfield Renewable Partners has a one year low of C$33.32 and a one year high of C$47.96. The stock’s 50 day moving average is C$46.11.

Brookfield Renewable Partners Company Profile

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities in the North America, Colombia, Brazil, Europe, and internationally. The company operates through Hydroelectric; Wind; and Solar, Storage, and others segments. It operates 840 generation facilities using hydro, solar, wind, biomass, and other renewable technologies.

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