Brookfield Business Partners (TSE:BBU.UN) Reaches New 52-Week High at $51.08

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Shares of Brookfield Business Partners LP (TSE:BBU.UN) reached a new 52-week high on Monday . The stock traded as high as C$51.08 and last traded at C$51.00, with a volume of 787 shares trading hands. The stock had previously closed at C$50.74.

Separately, BMO Capital Markets set a C$47.00 price target on shares of Brookfield Business Partners and gave the company an “outperform” rating in a research note on Tuesday, June 4th.

The company has a current ratio of 1.15, a quick ratio of 0.82 and a debt-to-equity ratio of 183.26. The company has a market cap of $6.56 billion and a price-to-earnings ratio of -87.86.

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About Brookfield Business Partners (TSE:BBU.UN)

Brookfield Business Partners L.P. is a private equity firm specializes in acquisition. The firm typically invests in business services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments. Brookfield Business Partners L.P.

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