Brookfield (NYSE:BN) Given New $54.00 Price Target at Scotia

Brookfield (NYSE:BN) had its target price upped by Scotia from $53.00 to $54.00 in a report issued on Friday,BayStreet.CA reports. Scotia currently has a sector outperform rating on the stock.

Other equities analysts also recently issued research reports about the stock. BMO Capital Markets upgraded shares of Brookfield to a “strong-buy” rating in a research note on Monday, July 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Brookfield in a research note on Wednesday, June 24th. Morgan Stanley set a $59.00 price target on Brookfield and gave the stock an “overweight” rating in a report on Tuesday, July 21st. JPMorgan Chase & Co. boosted their target price on shares of Brookfield from $60.00 to $62.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Finally, TD raised their price target on Brookfield from $59.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, May 19th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $56.91.

Brookfield Stock Performance

NYSE:BN opened at $43.83 on Friday. The company has a current ratio of 1.32, a quick ratio of 1.20 and a debt-to-equity ratio of 1.54. The company’s 50-day moving average price is $43.63 and its 200-day moving average price is $43.95. 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 twelve month low of $37.93 and a twelve month high of $49.56.

Brookfield (NYSE:BN) last issued its earnings results on Thursday, August 13th. The company reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.04. Brookfield had a net margin of 1.85% and a return on equity of 3.94%. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.66 billion. On average, sell-side analysts forecast that Brookfield will post 2.99 earnings per share for the current fiscal year.

Brookfield Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Truvestments Capital LLC lifted its holdings in shares of Brookfield by 49.9% during the fourth quarter. Truvestments Capital LLC now owns 640 shares of the company’s stock worth $29,000 after purchasing an additional 213 shares during the period. Meadow Creek Wealth Advisors LLC increased its holdings in shares of Brookfield by 2.3% in the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 10,308 shares of the company’s stock valued at $417,000 after purchasing an additional 234 shares in the last quarter. New England Capital Financial Advisors LLC lifted its stake in shares of Brookfield by 50.2% in the fourth quarter. New England Capital Financial Advisors LLC now owns 751 shares of the company’s stock valued at $34,000 after purchasing an additional 251 shares during the period. ST Germain D J Co. Inc. lifted its stake in shares of Brookfield by 49.9% in the fourth quarter. ST Germain D J Co. Inc. now owns 811 shares of the company’s stock valued at $37,000 after purchasing an additional 270 shares during the period. Finally, State of Wyoming boosted its holdings in Brookfield by 6.0% during the first quarter. State of Wyoming now owns 5,151 shares of the company’s stock worth $208,000 after buying an additional 290 shares in the last quarter. Institutional investors and hedge funds own 61.60% of the company’s stock.

Key Headlines Impacting 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

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.