Brookfield (NYSE:BN – Get Free Report) had its price objective lifted by analysts at Scotia from $53.00 to $54.00 in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “sector outperform” rating on the stock. Scotia’s price objective would indicate a potential upside of 24.10% from the company’s previous close.
BN has been the subject of a number of other reports. Scotiabank restated an “outperform” rating and set a $54.00 target price (up from $53.00) on shares of Brookfield in a research report on Friday. Royal Bank Of Canada reduced their price objective on Brookfield from $63.00 to $61.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Brookfield in a report on Wednesday, June 24th. Morgan Stanley set a $59.00 target price on Brookfield and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. Finally, BMO Capital Markets raised Brookfield to a “strong-buy” rating in a report on Monday, July 27th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Brookfield has an average rating of “Buy” and a consensus price target of $56.91.
View Our Latest Stock Report on BN
Brookfield Stock Performance
Institutional Trading of Brookfield
Institutional investors and hedge funds have recently made changes to their positions in the business. MCF Advisors LLC purchased a new position in shares of Brookfield during the 4th quarter valued at approximately $26,000. Quattro Advisors LLC purchased a new stake in Brookfield in the 4th quarter worth $26,000. Truvestments Capital LLC increased its holdings in Brookfield by 49.9% in the 4th quarter. Truvestments Capital LLC now owns 640 shares of the company’s stock worth $29,000 after acquiring an additional 213 shares in the last quarter. New England Capital Financial Advisors LLC raised its position in Brookfield by 50.2% during 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 during the period. Finally, Entrust Financial LLC purchased a new position in Brookfield during the fourth quarter valued at $35,000. 61.60% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting Brookfield
Here are the key news stories impacting Brookfield this week:
- Positive Sentiment: Brookfield reported second-quarter distributable earnings of $1.5 billion, or $0.66 per share, with distributable earnings before realizations per share increasing 15% year over year. Asset-management fee-related earnings rose 20%, while wealth-solutions earnings increased 23%. Brookfield Corporation Reports 15% Increase in Earnings
- Positive Sentiment: Record fundraising of $98 billion during the first half of 2026 lifted deployable capital to $210 billion, giving Brookfield significant capacity to pursue investments and support future growth.
- Positive Sentiment: The company completed its acquisitions of Oaktree and Just Group, expanding its credit and insurance platforms. Brookfield also repurchased approximately $580 million of Class A shares year to date at an average price of $42, signaling management’s confidence in the valuation.
- Positive Sentiment: Scotiabank raised its Brookfield price target from $53 to $54 and maintained a “sector outperform” rating, implying substantial upside based on the referenced trading level. Scotiabank Raises Brookfield Price Target
- Neutral Sentiment: Brookfield declared its regular quarterly dividend of $0.07 per share, payable September 29 to shareholders of record September 14. The company is also proceeding with its approved corporate simplification, which will convert existing shares into New BN shares based on shareholder jurisdiction.
- Negative Sentiment: Consolidated net income fell to $703 million from $1.055 billion a year earlier, even though distributable earnings and reported EPS exceeded consensus estimates. This divergence may have prompted investors to focus on the quality and sustainability of earnings.
- Negative Sentiment: The Oaktree and Just Group transactions, together with the corporate simplification, create integration, execution and transition risks. Investors may also have viewed the favorable operating results as already reflected in BN’s valuation, contributing to a post-earnings pullback. Brookfield Falls as Investors Digest Earnings and Restructuring
About Brookfield
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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