Fintel reports that on April 3, 2025, Barclays initiated coverage of Brookfield Renewable (NYSE:BEPC) with a Equal-Weight recommendation.
Analyst Price Forecast Suggests 20.20% Upside
As of April 2, 2025, the average one-year price target for Brookfield Renewable is $34.01/share. The forecasts range from a low of $29.65 to a high of $37.80. The average price target represents an increase of 20.20% from its latest reported closing price of $28.29 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Brookfield Renewable is 6,946MM, an increase of 51.96%. The projected annual non-GAAP EPS is 0.42.
What is the Fund Sentiment?
There are 555 funds or institutions reporting positions in Brookfield Renewable. This is an decrease of 85 owner(s) or 13.28% in the last quarter. Average portfolio weight of all funds dedicated to BEPC is 0.15%, an increase of 26.64%. Total shares owned by institutions decreased in the last three months by 25.71% to 106,229K shares. 
The put/call ratio of BEPC is 0.33, indicating a bullish outlook.
What are Other Shareholders Doing?
Brookfield Asset Management holds 10,094K shares.
Principal Financial Group holds 4,180K shares.
Parnassus Investments holds 3,910K shares.
Legal & General Group holds 3,283K shares.
Rare Infrastructure holds 2,895K shares.
Brookfield Renewable Background Information
(This description is provided by the company.)
Brookfield Renewable Corporation is a Canadian corporation, created to provide investors with greater flexibility in how they access BEP’s globally diversified portfolio of high-quality renewable power assets.
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