The Brookfield Corporation (BN) share price is expected to increase by 2.01% over the next year. This is based on calculating the average 12-month share price estimate provided by 9 stock analysts who have covered BN. Price targets range from $41 at the low end to $74 at the high end. The current analyst consensus for BN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 9 Wall Street analysts have assigned BN 6 buy ratings, 2 hold ratings, and 1 sell ratings. This means that analysts expect Brookfield Corporation to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Sohrab Movahedi BMO Capital | Outperform | $62 | Reiterates | Nov 15, 2024 |
Mario Saric Scotiabank | Sector Outperform | $69 | Maintains | Nov 15, 2024 |
Mario Saric Scotiabank | Sector Outperform | $65 | Maintains | Oct 30, 2024 |
Sohrab Movahedi BMO Capital | Outperform | $50 | Maintains | Sep 11, 2024 |
Kyle Voigt Keefe, Bruyette & Woods | Market Perform | $46 | Maintains | Aug 9, 2024 |
Mario Saric Scotiabank | Sector Outperform | $51.25 | Maintains | Aug 9, 2024 |
Geoffrey Kwan RBC Capital | Outperform | $56 | Maintains | Aug 9, 2024 |
Mario Saric Scotiabank | Sector Outperform | $50.5 | Maintains | Aug 1, 2024 |
Kenneth Worthington JP Morgan | Overweight | $52 | Maintains | Jul 31, 2024 |
Michael Brown Keefe, Bruyette & Woods | Market Perform | $44 | Maintains | Jul 12, 2024 |
Mario Saric Scotiabank | Sector Outperform | $49.5 | Maintains | May 10, 2024 |
Michael Brown Keefe, Bruyette & Woods | Market Perform | $46 | Reiterates | May 10, 2024 |
Geoffrey Kwan RBC Capital | Outperform | $53 | Reiterates | Apr 12, 2024 |
Geoffrey Kwan RBC Capital | Outperform | $53 | Maintains | Feb 12, 2024 |
Mario Saric Scotiabank | Sector Outperform | $50 | Maintains | Feb 9, 2024 |
Kenneth Worthington JP Morgan | Overweight | $52 | Maintains | Feb 1, 2024 |
Sohrab Movahedi BMO Capital | Outperform | $42 | Maintains | Nov 10, 2023 |
Geoffrey Kwan RBC Capital | Outperform | $48 | Maintains | Sep 14, 2023 |
Andrew Kuske Credit Suisse | Outperform | $41 | Maintains | Aug 31, 2023 |
Sohrab Movahedi BMO Capital | Outperform | $45 | Maintains | May 12, 2023 |
When did it IPO
1983
Staff Count
240,000
Country
Canada
Sector/Industry
Financial Services/Asset Management
CEO
Mr. James Bruce Flatt
Market Cap
$92.60B
In 2023, BN generated $95.92B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Investors are focusing on stocks like Tesla and regional banks, anticipating gains from the new U.S. administration's policies. Brookfield may also benefit from similar regulatory changes.
Why It Matters - Increased investment in stocks linked to the new U.S. administration signals potential market shifts, benefiting companies like Brookfield that thrive under favorable regulatory conditions.
Summary - The article discusses the potential of dividend growth stocks as wealth-compounding instruments, highlighting some that are currently overrated and others that are underrated.
Why It Matters - Identifying overrated and underrated dividend growth stocks helps investors make informed decisions, optimizing their portfolios for better returns and minimizing risks.
Summary - Billionaire Bill Ackman has recently purchased shares in a stock favored by analysts, indicating confidence in its potential value.
Why It Matters - Bill Ackman's investment signals confidence in the stock's potential, attracting attention and possibly driving up demand and share price among other investors.
Summary - Billionaire hedge fund manager Bill Ackman appears to dismiss the concept of diversification in investment strategy, suggesting a focused approach.
Why It Matters - Bill Ackman's dismissive stance on diversification may signal a shift toward concentrated investing strategies, potentially influencing market trends and risk perceptions for investors.
Summary - Bill Ackman purchases undervalued stocks and holds them until their prices align with his valuation, with holding periods ranging from months to a decade.
Why It Matters - Bill Ackman's strategy highlights the potential for long-term value investing. His approach may signal buying opportunities and influence market sentiment on undervalued stocks.
Summary - Brookfield Corporation (NYSE: BN) received exemptive relief from the Ontario Securities Commission, waiving the need for a formal valuation and minority shareholder approval for its corporate structure arrangement with Brookfield Asset Management Ltd. (NYSE: BAM).
Why It Matters - The exemptive relief allows Brookfield to streamline its corporate restructuring, potentially enhancing efficiency and shareholder value, impacting investor confidence and stock performance.