Brookfield Renewable Partners LP (BEP) Downgraded to Sell at Zacks Investment Research

Zacks Investment Research upgraded shares of Brookfield Renewable Partners LP (NYSE:BEP) (TSE:BEP) from a sell rating to a hold rating in a research report sent to investors on Tuesday.

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy and communications infrastructure businesses in North and South America, Europe and Asia Pacific. If you are accessing this report on another site, it was copied illegally and reposted in violation of United States & worldwide copyright law. The company sells its generation output to public power authorities, load-serving utilities and industrial users. The Value Composite Two of Brookfield Renewable Partners L.P. (TSX:BEP.UN) is 64.

BEP has been the topic of a number of other reports.

The share price of Brookfield Renewable Energy Partners LP (NYSE:BEP) was up +1.63% during the last trading session, with a day high of 32.53. Barclays PLC reiterated a hold rating and issued a $33.00 price target on shares of Brookfield Renewable Partners in a research note on Friday, February 3rd. The correct version of this report can be viewed at https://www.chaffeybreeze.com/2017/05/22/brookfield-renewable-partners-lp-bep-earns-outperform-rating-from-analysts-at-wells-fargo-co-updated.html. According to the most recently released broker notes, 2 analysts have a rating of "strong buy" on the stock, 6 analysts "buy", 3 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". Two analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The company now has an average rating of "Hold" and an average price target of $37.00.

Brookfield Business Partners LP (TSX:BBU.UN) delivered a 0.8% ROE over the past year; however, the figure is only significant when we compare it to returns from assets with similar risk profile: the industry average, which stood at 38.96% in the same time period. Brookfield Property Partners has a 12-month low of $20.31 and a 12-month high of $24.98. The company's 50 day moving average is $30.82 and its 200 day moving average is $29.59. The stock's market capitalization is 9.61B.

Receive Brookfield Renewable Energy Partners LP News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Renewable Energy Partners LP with MarketBeat.com's FREE daily email newsletter. Brookfield Renewable Partners had a return on equity of 0.27% and a net margin of 1.36%. On average, analysts expect that Brookfield Renewable Partners will post ($0.09) EPS for the current year. If you are accessing this piece on another website, it was illegally copied and reposted in violation of worldwide trademark & copyright legislation. Investors of record on Wednesday, May 31st will be given a dividend of $0.435 per share. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The ex-dividend date of this dividend is Friday, May 26th. Brookfield Infrastructure Partners L.P.'s dividend payout ratio (DPR) is now 139.29%. AlphaOne also gave news articles about the financial services provider an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. Scotia Capital Inc. raised its stake in shares of Brookfield Renewable Partners by 23.3% in the fourth quarter. Bank of Montreal Can raised its stake in shares of Brookfield Renewable Partners by 11.4% in the first quarter. Mackenzie Financial Corp now owns 555,095 shares of the utilities provider's stock worth $17,075,000 after buying an additional 546,243 shares in the last quarter. LLC raised its stake in shares of Brookfield Renewable Partners by 1,008.4% in the first quarter. Hexavest Inc. now owns 334,740 shares of the utilities provider's stock worth $9,889,000 after buying an additional 25,708 shares in the last quarter. Finally, Eventide Asset Management LLC raised its position in shares of Brookfield Renewable Partners by 35.7% in the fourth quarter. Natixis Asset Management now owns 53,028 shares of the utilities provider's stock worth $1,626,000 after buying an additional 691 shares in the last quarter. Institutional investors own 55.92% of the company's stock.

At the time of writing, Brookfield Infrastructure Partners L.P. (NYSE:BIP) has a Piotroski F-Score of 6. The Company operates as a pure-play renewable power platform.