Brookfield Renewable Partners (TSE:BEP.UN) Share Price Passes Above 200-Day Moving Average - Here's Why

Market Beat
2026.05.02 07:46
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Brookfield Renewable Partners (TSE:BEP.UN) stock has surpassed its 200-day moving average, trading at C$45.35, up 1.2%. Desjardins raised its price target from C$45.00 to C$48.00, maintaining a "hold" rating. The company reported a quarterly EPS of C($0.56) and revenue of C$2.10 billion. Analysts rate the stock as a "Moderate Buy" with an average target price of C$41.50. Brookfield operates a diversified portfolio of clean energy assets globally, totaling approximately 21 gigawatts of capacity.