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Brookfield (BN) Stock Forecast & Price Target

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$56.39 -0.39 (-0.69%)
(As of 11/20/2024 ET)

Brookfield - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
6

Based on 8 Wall Street analysts who have issued ratings for Brookfield in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 2 have given a hold rating, and 6 have given a buy rating for BN.

Consensus Price Target

$55.31
-1.91% Downside
According to the 8 analysts' twelve-month price targets for Brookfield, the average price target is $55.31. The highest price target for BN is $69.00, while the lowest price target for BN is $42.50. The average price target represents a forecasted downside of -1.91% from the current price of $56.39.
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BN Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$55.31$51.59$48.88$43.78
Forecasted Upside-1.91% Downside-5.02% Downside-0.48% Downside27.54% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

BN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Brookfield Stock vs. The Competition

TypeBrookfieldFinance CompaniesS&P 500
Consensus Rating Score
2.75
2.49
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside-1.91% Downside12.89% Upside9.83% Upside
News Sentiment Rating
Positive News

See Recent BN News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/15/2024Scotiabank
5 of 5 stars
 Boost TargetSector Outperform ➝ Sector Outperform$65.00 ➝ $69.00+21.46%
11/15/2024BMO Capital Markets
4 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$50.00 ➝ $62.00+8.91%
8/12/2024TD Securities
4 of 5 stars
 Boost TargetBuy$62.00 ➝ $63.00+41.70%
8/9/2024Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$57.00 ➝ $56.00+24.53%
8/9/2024Keefe, Bruyette & Woods
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 Boost TargetMarket Perform ➝ Market Perform$44.00 ➝ $46.00+3.51%
7/31/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$49.00 ➝ $52.00+6.82%
2/9/2024Canaccord Genuity Group
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 Boost TargetHold$41.00 ➝ $42.50+4.89%
2/9/2024CIBC
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 Boost TargetOutperform$46.00 ➝ $52.00+28.33%
8/31/2023CSFB
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 Lower TargetOutperform$42.00 ➝ $41.00+20.27%
8/31/2023Credit Suisse Group
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 Lower TargetOutperform ➝ Outperform$42.00 ➝ $41.00+21.09%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:20 AM ET.


Should I Buy Brookfield Stock? BN Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 4, 2024. Please send any questions or comments about these Brookfield pros and cons to contact@marketbeat.com.

Brookfield
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Brookfield Co.:

  • Brookfield Co. reported strong quarterly earnings, beating analysts' consensus estimates by a significant margin. This indicates the company's financial health and potential for growth.
  • Recent analyst ratings have been positive, with several firms raising their price targets and giving buy ratings to the stock. This suggests confidence in Brookfield Co.'s future performance.
  • Brookfield Co. announced a quarterly dividend, providing investors with a steady income stream. The dividend yield of 0.65% can be attractive for income-oriented investors.
  • Brookfield Co. has a diversified portfolio across real estate, renewable power, infrastructure, and venture capital assets. This diversification can help mitigate risks and provide stability to the investment.
  • Despite market fluctuations, Brookfield Co.'s stock price has been trading steadily, showing resilience and potential for long-term growth.

Brookfield
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Brookfield Co. for these reasons:

  • Brookfield Co. has a relatively high PE ratio of 80.25, which may indicate that the stock is overvalued compared to its earnings. Investors should consider this valuation metric before making investment decisions.
  • The company's debt-to-equity ratio of 1.39 is higher than industry averages, suggesting higher financial leverage and potential risks in case of economic downturns or interest rate hikes.
  • While the company has a diverse asset portfolio, this can also lead to complexity in managing different types of assets, potentially increasing operational challenges and risks.
  • Brookfield Co.'s revenue was down 2.6% on a year-over-year basis, indicating a slight decline in business performance. Investors should closely monitor revenue trends for future growth prospects.
  • Market volatility and economic uncertainties can impact Brookfield Co.'s operations and financial performance, leading to fluctuations in the stock price. Investors should be prepared for potential market risks.

BN Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Brookfield is $55.31, with a high forecast of $69.00 and a low forecast of $42.50.

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brookfield in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BN shares.

According to analysts, Brookfield's stock has a predicted downside of -1.91% based on their 12-month stock forecasts.

Brookfield has been rated by research analysts at BMO Capital Markets, and Scotiabank in the past 90 days.

Analysts like Brookfield more than other "finance" companies. The consensus rating for Brookfield is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how BN compares to other companies.


This page (NYSE:BN) was last updated on 11/21/2024 by MarketBeat.com Staff
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