Brookfield Co. (NYSE:BN – Get Free Report) has earned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $64.00.
A number of analysts have commented on the stock. CIBC increased their price target on shares of Brookfield from $68.00 to $70.00 and gave the company an “outperformer” rating in a research note on Thursday, January 23rd. Scotiabank raised their target price on shares of Brookfield from $69.00 to $71.00 and gave the company a “sector outperform” rating in a research note on Monday, February 3rd. Morgan Stanley began coverage on Brookfield in a report on Thursday, January 23rd. They set an “overweight” rating and a $80.00 price target for the company. Finally, TD Securities upped their price objective on Brookfield from $74.00 to $75.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th.
View Our Latest Stock Analysis on Brookfield
Institutional Trading of Brookfield
Brookfield Price Performance
Shares of NYSE BN opened at $50.42 on Monday. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.21 and a quick ratio of 1.09. The business has a 50-day moving average of $57.49 and a 200-day moving average of $55.88. The stock has a market capitalization of $82.99 billion, a price-to-earnings ratio of 168.06 and a beta of 1.65. Brookfield has a fifty-two week low of $38.18 and a fifty-two week high of $62.78.
Brookfield (NYSE:BN – Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.13. Brookfield had a return on equity of 3.93% and a net margin of 0.75%. As a group, sell-side analysts predict that Brookfield will post 3.85 earnings per share for the current fiscal year.
Brookfield Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 0.71%. The ex-dividend date is Friday, March 14th. Brookfield’s payout ratio is 120.00%.
Brookfield Company Profile
Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients.
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