Brookfield Renewable Partners LP
BEP.UN: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 76.00 | Rgmp | Sqvssmlc |
Brookfield Renewable: M&A Pivots Back to Operating Assets With Large Portfolio Purchase
We expect to maintain our $32 (CAD 43) and $33 (CAD 44) fair value estimates for Brookfield Renewable and Brookfield Renewable Corp., respectively, following the acquisition of a renewable portfolio from Duke Energy. We view shares as fairly valued.