Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Brookfield Renewable Corp before investing.

In this article, we go over a few key elements for understanding Brookfield Renewable Corp’s stock price such as:

• Brookfield Renewable Corp’s current stock price and volume
• Why Brookfield Renewable Corp’s stock price changed recently
• Upgrades and downgrades for BEPC from analysts
• BEPC’s stock price momentum as measured by its relative strength

About Brookfield Renewable Corp (BEPC)

Before we jump into Brookfield Renewable Corp’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Brookfield Renewable Corp. operates renewable power platforms. The Company’s portfolio consists of hydroelectric, wind, solar and storage facilities in North America, South America, Europe and Asia. The Company has approximately 31,300 megawatts of installed capacity and a development pipeline with approximately 134,400 megawatts. The Company’s businesses include Renewable Power & Transition, Infrastructure, Private Equity, Real Estate, Credit and Insurance Solutions. The Company’s Renewable Power & Transition business operates across five continents, managing a diverse portfolio of hydro, wind, solar, distributed energy and sustainable solutions. Its Infrastructure business owns and operates assets across the transport, data, utilities and midstream sectors. Its Private Equity business sectors include business services, infrastructure services and industrials. Its Real Estate business sectors include housing, logistics, hospitality, science & innovation, office and retail.

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Brookfield Renewable Corp’s Stock Price as of Market Close

As of February 05, 2024, 4:00 PM, CST, Brookfield Renewable Corp’s stock price was $25.90.

Brookfield Renewable Corp is down 4.57% from its previous closing price of $27.14.

During the last market session, Brookfield Renewable Corp’s stock traded between $26.72 and $28.11. Currently, there are 369.25 million shares of Brookfield Renewable Corp stock available for purchase.

Brookfield Renewable Corp’s price-earnings (P/E) ratio is currently at 6.6, which is low compared to the Utilities - Electric industry median of 16.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Brookfield Renewable Corp Stock Price History

Brookfield Renewable Corp’s (BEPC) price is currently down 7.24% so far this month.

During the month of February, Brookfield Renewable Corp’s stock price has reached a high of $28.41 and a low of $25.76.

Over the last year, Brookfield Renewable Corp has hit prices as high as $36.16 and as low as $21.77. Year to date, Brookfield Renewable Corp’s stock is down 5.95%.

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What Caused Brookfield Renewable Corp Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 02, 2024, there was 1 analyst who downgraded Brookfield Renewable Corp’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Brookfield Renewable Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Brookfield Renewable Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Brookfield Renewable Corp’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Brookfield Renewable Corp (BEPC) by visiting AAII Stock Evaluator.

Relative Price Strength of Brookfield Renewable Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 02, 2024, Brookfield Renewable Corp has a weighted four-quarter relative price strength of -6.67%, which translates to a Momentum Score of 45 and is considered to be Average.

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Brookfield Renewable Corp Stock Price: Bottom Line

As of February 5, 2024, Brookfield Renewable Corp’s stock price is $25.90, which is down 4.57% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Brookfield Renewable Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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