Analysts have clear opinions on TERP.
There are 3 analysts on the Wall offering 12 month price targets for TerraForm Power in the last 3 months. The average price target is $17.10 with a high forecast of $18.00 and a low forecast of $16.00. The average price target represents a -0.64% decrease from the last price of $17.21.
TerraForm Power, Inc. (TERP) is followed by 3 analysts on the street.
Praful Mehta from Citigroup rates it a Hold with a target of $17.30.
Similarly, yesterday Benjamin Pham of BMO Capital Upgraded a Buy with a target of $18.00.
The consensus on the street is Moderate Buy.
What does TerraForm Power, Inc.(TERP) do ?
TerraForm Power, Inc. engages in the acquisition of renewable energy assets. It operates through Solar and Wind segments. The Solar segment consists of Distributed Generation, North America Utility, and International Utility. The Wind segment comprises of Northeast Wind, Central Wind and Hawaii Wind. The company was founded on January 15, 2014 and is headquartered in New York, NY.
TerraForm Power, Inc. (TERP) Insider Trades
Multiple company employees have indulged in significant insider trading. TerraForm Power, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
10%, Brookfield Asset Management Inc. : P – Purchase(+$49,999,990) of TERP in the trading session of 2019-10-08.
Dir Fong Christian S. : P – Purchase(+$26,870) of TERP in the trading session of 2019-05-15.
10% Brookfield Asset Management Inc. : P – Purchase(+$649,999,992) of TerraForm Power, Inc. in the trading session of 2018-06-11.
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