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Brookfield Renewable Corp Ordinary Shares - Class A (Sub Voting)

BEPC: XTSE (CAN)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
CAD 86.00QnbzHjqfqdcvm

Brookfield Renewable Earnings: Results Adversely Impacted by Weak Hydro Generation

We maintain our $28 (CAD 38) fair value estimate for Brookfield Renewable Partners following third-quarter results. Additionally, we maintain our $29 (CAD 39) fair value estimate for Brookfield Renewable Corp. We view shares as slightly undervalued. Our no-moat ratings are also unchanged.

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