Royal Bank of Canada Maintains Outperform Rating for Brookfield Renewable Partners

The Royal Bank of Canada has reaffirmed its "outperform" rating for Brookfield Renewable Partners (NYSE:BEP) in a recent research report published on Monday. The bank has set a target price of $31.00 for the shares of this utility provider. This target suggests a potential upside of approximately 45.53% based on the stock's previous closing price.

Analyst Updates on Brookfield Renewable Partners

Several other research firms have recently also provided their insights on Brookfield Renewable Partners. For instance, the National Bank of Canada revised its price target for the company from $33.00 to $32.00 while maintaining an