Brookfield (NYSE:BN) Price Target Raised to $54.00 at Scotiabank

Brookfield (NYSE:BNFree Report) had its price target increased by Scotiabank from $53.00 to $54.00 in a research report report published on Friday,Benzinga reports. Scotiabank currently has a sector outperform rating on the stock.

Several other equities research analysts also recently weighed in on the company. TD Securities reissued a “buy” rating and issued a $60.00 price objective on shares of Brookfield in a report on Tuesday, May 19th. Morgan Stanley set a $59.00 price target on Brookfield and gave the company an “overweight” rating in a research report on Tuesday, July 21st. JPMorgan Chase & Co. increased their price objective on Brookfield from $60.00 to $62.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. BMO Capital Markets raised Brookfield to a “strong-buy” rating in a research report on Monday, July 27th. Finally, National Bank Financial lifted their target price on Brookfield from $58.00 to $60.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $56.91.

Read Our Latest Research Report on BN

Brookfield Stock Performance

NYSE BN opened at $43.83 on Friday. The company has a market cap of $107.46 billion, a P/E ratio of 79.69 and a beta of 1.54. Brookfield has a 1-year low of $37.93 and a 1-year high of $49.56. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.32 and a quick ratio of 1.20. The stock has a 50-day moving average of $43.63 and a two-hundred day moving average of $43.95.

Brookfield (NYSE:BNGet Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.04. Brookfield had a return on equity of 3.94% and a net margin of 1.85%.The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.66 billion. As a group, analysts anticipate that Brookfield will post 2.99 EPS for the current year.

Brookfield Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Monday, September 14th will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Monday, September 14th. Brookfield’s dividend payout ratio is currently 54.90%.

Institutional Investors Weigh In On Brookfield

Hedge funds have recently added to or reduced their stakes in the company. MCF Advisors LLC purchased a new position in shares of Brookfield during the 4th quarter worth approximately $26,000. Quattro Advisors LLC purchased a new stake in shares of Brookfield in the fourth quarter valued at approximately $26,000. Truvestments Capital LLC grew its holdings in Brookfield by 49.9% during the fourth quarter. Truvestments Capital LLC now owns 640 shares of the company’s stock worth $29,000 after acquiring an additional 213 shares during the period. New England Capital Financial Advisors LLC raised its position in Brookfield by 50.2% in the fourth quarter. New England Capital Financial Advisors LLC now owns 751 shares of the company’s stock worth $34,000 after acquiring an additional 251 shares in the last quarter. Finally, Entrust Financial LLC purchased a new position in Brookfield in the fourth quarter worth $35,000. Institutional investors and hedge funds own 61.60% of the company’s stock.

Trending Headlines about Brookfield

Here are the key news stories impacting Brookfield this week:

  • Positive Sentiment: Analysts raised their outlook. TD increased its price target from $60 to $61 and assigned a “buy” rating, implying approximately 40% upside. Scotiabank also raised its target from $53 to $54 and reiterated a “sector outperform” rating, implying roughly 24% upside. BayStreet analyst ratings
  • Positive Sentiment: Underlying earnings and fundraising were strong. Second-quarter distributable earnings per share rose 15% to $0.66, exceeding the $0.62 consensus estimate. Brookfield reported record quarterly fundraising of $77 billion, $672 billion of fee-bearing capital and a record $210 billion of deployable capital. Fee-related earnings increased 20%, while Wealth Solutions earnings rose 23%. Brookfield second-quarter earnings release
  • Positive Sentiment: Capital returns and strategic expansion provide support. Brookfield repurchased approximately $580 million of Class A shares year to date at an average price of $42, completed the Oaktree and Just Group acquisitions, and declared a quarterly dividend of $0.07 per share payable September 29, 2026.
  • Neutral Sentiment: Corporate simplification remains an important watch item. Shareholders approved a transaction converting existing shares into New BN shares by jurisdiction. The change may ultimately streamline the structure, but investors are assessing implementation, tax considerations and the integration of recent acquisitions.
  • Negative Sentiment: Reported net income declined. Consolidated net income fell to $703 million from $1.055 billion a year earlier, although net income attributable to Brookfield shareholders increased to $364 million from $272 million. The mixed results may have encouraged profit-taking after the earnings release, particularly because strong growth and fundraising may already have been reflected in the valuation.

Brookfield Company Profile

(Get Free Report)

Brookfield Corporation (NYSE:BN) is a global alternative asset manager that specializes in real assets. The company invests in and operates businesses across real estate, infrastructure, renewable power and energy, private equity and credit. Its activities span both ownership and active management of physical assets as well as the operation of investment funds and vehicles that provide institutional and retail investors access to long‑lived, cash‑generating assets.

Brookfield’s services include asset management, direct investing, property development and the operation of infrastructure and energy businesses.

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Analyst Recommendations for Brookfield (NYSE:BN)

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