Brokerages Set Brookfield Co. (NYSE:BN) Target Price at $63.63

Brookfield Co. (NYSE:BN - Get Free Report) has earned an average rating of "Moderate Buy" from the seven analysts that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $61.25.

A number of research firms have issued reports on BN. Scotiabank decreased their target price on Brookfield from $71.00 to $68.00 and set a "sector outperform" rating for the company in a research note on Monday, April 7th. TD Securities increased their price objective on shares of Brookfield from $74.00 to $75.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. Morgan Stanley lowered their target price on Brookfield from $83.00 to $61.00 and set an "overweight" rating for the company in a report on Monday. Finally, CIBC boosted their price target on Brookfield from $68.00 to $70.00 and gave the company an "outperformer" rating in a report on Thursday, January 23rd.

Institutional Trading of Brookfield

Institutional investors and hedge funds have recently bought and sold shares of the business. ST Germain D J Co. Inc. acquired a new position in shares of Brookfield during the 1st quarter worth approximately $28,000. CoreCap Advisors LLC acquired a new position in shares of Brookfield in the fourth quarter valued at $29,000. Compass Planning Associates Inc bought a new position in shares of Brookfield in the fourth quarter valued at about $30,000. Sunbelt Securities Inc. lifted its stake in shares of Brookfield by 164.0% during the 4th quarter. Sunbelt Securities Inc. now owns 726 shares of the company's stock worth $42,000 after buying an additional 451 shares during the last quarter. Finally, Versant Capital Management Inc boosted its holdings in shares of Brookfield by 2,029.3% during the 1st quarter. Versant Capital Management Inc now owns 873 shares of the company's stock worth $46,000 after buying an additional 832 shares during the period. Institutional investors own 61.60% of the company's stock.

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Brookfield Trading Down 1.2 %

NYSE:BN traded down $0.59 during trading hours on Friday, hitting $48.75. 193,435 shares of the stock were exchanged, compared to its average volume of 2,807,841. The company's 50 day moving average is $53.79 and its two-hundred day moving average is $55.97. The company has a market capitalization of $80.28 billion, a P/E ratio of 162.78 and a beta of 1.60. Brookfield has a twelve month low of $38.18 and a twelve month high of $62.78. The company has a quick ratio of 1.09, a current ratio of 1.21 and a debt-to-equity ratio of 1.40.

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, beating analysts' consensus estimates of $0.88 by $0.13. Brookfield had a return on equity of 3.93% and a net margin of 0.75%. On average, sell-side analysts anticipate that Brookfield will post 3.85 earnings per share for the current fiscal year.

Brookfield Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a $0.09 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.36 annualized dividend and a yield of 0.74%. Brookfield's dividend payout ratio (DPR) is currently 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.