Buy, Sell or Hold: Brookfield Renewable Energy (BEP.UN-T)

TSE:BEP.UN

48.38

0.62 (1.27%) 1d

Showing 1 to 15 of 160 entries

BUY on WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Likes the prospects but a quick jump to prior highs is not expected. Seasonality and investor sentiment has since cooled. At current levels, it is attractive, especially with the decent dividend. Unlock Premium - Try 5i Free

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BUY

Global scope in wind, solar, hydro. Renewable trend is not going away. Most of the renewables have pulled back, but most valuations had gotten ahead of themselves. Attractive entry point now. She's buying for new clients.

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PAST TOP PICK

(A Top Pick Jul 16/20, Up 27%) Continues to own it. Given this pullback (along with peers) by 20%, this is now an attractive entry point. There's long-term secular growth in green energy. BEP has operations around the world, and the parent company owns 40% of this company. Hydro garners a premium valuation and makes up a big part of BEP. You need exposure in renewable energy and this is one.

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BUY

A core, long-term holding. Current income through its dividend of close to 3%, and will grow fairly steadily. Political winds of change are blowing pretty strongly in Canada, meaning a lot of investment in the sector. Good total return potential.

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PARTIAL BUY

She likes renewables which investors should own. They've pulled back recently more than its peers, because it trades at a premium. It has global operations and does solar, wind and hydro energy. Higher interests pressure these stocks, though she doesn't expect rates to spike sharply, so these will be fine long-term. BEP buys undervalued assets, then sells them at maturity. You can start a position now at current share prices.

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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Now buyable at the prices following correction in the renewables space. Fine with the sector. Higher interest rates means valuation has come down, but income and some growth makes this sector still attractive. Unlock Premium - Try 5i Free

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BUY

Has owned this for a while for the growing dividend and their positioning in green energy (wind, solar, geothermal). Big footprint diversified by facilities and power type and political risk. The U.S. now wants to green the grid. The dividend will grow for a very long time. Continues to like this. However, this stock and sector got pricey at the end of 2020. Buy the rumour, sell the news, sparked by Pres. Biden announcing his green energy plan. The renewables peaked in mid-January when the Democrats won control of the House. Now, these stocks are down which he sees as a pullback in a longer-term secular uptrend.

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PARTIAL BUY

He likes the renewable space in general. Demand for power is not going to be relenting. A number of other renewable companies have not seen anything good happen with their stock prices but oil and gas companies have. Buy a bit now and buy a bit more after the earnings are released tomorrow.

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BUY on WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock corrected with profit taking and fears of higher interest rates. The premium version also got too high and corrected. Would be fine buying today. Unlock Premium - Try 5i Free

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HOLD

This or the preferred shares? High valuation, though boasts high-quality assets. But there are better opportunities in renewables. Look at Northland and/or Boralex, which trade at a slight discount to BEP with different growth drivers (European exposure) to BEP which is capital recycling by the parent company and exposure to Latin America. Hold BEP if you already own.

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WAIT

He likes renewable energy. This is probably one of the more expensive plays out there. He would not buy at these levels. Try AQN-T.

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TOP PICK

Renewables had a great 2020, but have come off so far this year. Now is a good level to enter BEP. Brookfield can source and invest capital around the world. There'll be more money flowing into this sector. Caluations are a concern though, like Plug Power's, but BEP is backed by their core hydro power business and the parent company. (Analysts’ price target is $58.63)

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TOP PICK

She's been adding to this during the current pullback around $54. BEP pulled back 20%. They're set up to be a global player in hydro, wind and solar energy. It does garner a premium valuation because hydro power does. The renewable energy trend will only get stronger. Corporates that want to reduce their global footprint will partner with BEP and buy their power from BEP. (Analysts’ price target is $58.63)

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COMMENT

Higher oil prices should incentivize alternative energy. In the short term, there is flow of funds between sectors in the market and money could be flowing to traditional energy. On the surface, these companies are expensive relative to traditional oil. Value stocks should outperform growth stocks due to robust growth in general and less premium for it. Mark Carney's involvement is a major support for BEP.

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BUY on WEAKNESS

One of his favourite Canadian names for renewables. It's pulled back because renewables are taking a breather after soaring earlier his year, driven by Pres. Biden pro-green energy stance; U.S. investors jumped on the bandwagon. Harsh winter weather in Texas shows that renewables can be effected and around the same time BEP issued more shares, hence the share pressure. He strongly believes in green power, expecting corporations and governments to invest in green power for years to come. Buy on this pullback.

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Showing 1 to 15 of 160 entries

Brookfield Renewable Energy(BEP.UN-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 16

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 19

Stockchase rating for Brookfield Renewable Energy is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Brookfield Renewable Energy(BEP.UN-T) Frequently Asked Questions

What is Brookfield Renewable Energy stock symbol?

Brookfield Renewable Energy is a Canadian stock, trading under the symbol BEP.UN-T on the Toronto Stock Exchange (BEP.UN-CT). It is usually referred to as TSX:BEP.UN or BEP.UN-T

Is Brookfield Renewable Energy a buy or a sell?

In the last year, 19 stock analysts published opinions about BEP.UN-T. 16 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Brookfield Renewable Energy.

Is Brookfield Renewable Energy a good investment or a top pick?

Brookfield Renewable Energy was recommended as a Top Pick by on . Read the latest stock experts ratings for Brookfield Renewable Energy.

Why is Brookfield Renewable Energy stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Brookfield Renewable Energy worth watching?

19 stock analysts on Stockchase covered Brookfield Renewable Energy In the last year. It is a trending stock that is worth watching.

What is Brookfield Renewable Energy stock price?

On 2021-09-24, Brookfield Renewable Energy (BEP.UN-T) stock closed at a price of $48.38.

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