BMO Capital Analyst Reiterates Buy Rating on Brookfield Renewable Partners with $31 Price Target

Friday, Jul 18, 2025 5:04 am ET1min read

Benjamin Pham from BMO Capital reiterated a Buy rating on Brookfield Renewable Partners with a price target of $31.00. The company's shares closed at $26.85. Pham has an average return of 8.6% and a 68.10% success rate on recommended stocks. Brookfield Renewable Partners also received a Buy from Raymond James's Frederic Bastien, but a Hold from Desjardins. BEP's market cap is $17.62B and has a P/E ratio of -26.46.

July 2, 2025 - Brookfield Renewable Partners (BEP) has seen a recent uptick in analyst interest, with several Wall Street firms reiterating their positive outlook on the renewable energy company. Benjamin Pham from BMO Capital reiterated a Buy rating on BEP with a price target of $31.00, while Raymond James' Frederic Bastien also maintained a Buy rating. However, Desjardins has a Hold rating for the stock.

The company's shares closed at $26.85 on July 2, 2025. Pham, known for his strong track record with an average return of 8.6% and a 68.10% success rate on recommended stocks, has a history of accurate calls. His latest recommendation comes amidst a broader positive sentiment among analysts, with 9 out of 9 analysts rating BEP as a Buy [1].

The market cap of BEP stands at $17.62 billion, and the company boasts a P/E ratio of -26.46, indicating a strong value proposition. The consensus among analysts is that BEP has significant upside potential, with a predicted average upside of 10.26% based on their 12-month forecasts [1].

Brookfield Renewable Partners has been upgraded by analysts over the past 90 days, with 1 upgrade and 1 downgrade recorded. The company has been rated by research analysts at CIBC, National Bank Financial, Raymond James Financial, and Wells Fargo & Company in the past 90 days [1].

Analysts generally favor BEP over its competitors in the utilities sector, with a consensus rating of Buy compared to an average consensus rating of Hold for the sector as a whole [1].

References:

[1] https://www.marketbeat.com/stocks/NYSE/BEP/forecast/

BMO Capital Analyst Reiterates Buy Rating on Brookfield Renewable Partners with $31 Price Target

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