In a report released yesterday, Michael Brown from KBW maintained a Hold rating on Brookfield Corporation (BN – Research Report), with a price target of $45.00. The company’s shares closed yesterday at $40.53.
According to TipRanks, Brown is a 5-star analyst with an average return of 16.5% and a 63.10% success rate. Brown covers the Financial sector, focusing on stocks such as KKR & Co, WisdomTree, and Apollo Global Management.
Brookfield Corporation has an analyst consensus of Strong Buy, with a price target consensus of $48.50.
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The company has a one-year high of $41.23 and a one-year low of $28.07. Currently, Brookfield Corporation has an average volume of 2.29M.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BN in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Brookfield Corporation (BN) Company Description:
Canada-based Brookfield Asset Management, Inc. is a leading alternative asset management company, focusing on real estate, renewable power, infrastructure and private equity. The company manages a range of public and private investment products and services for institutional and retail clients.
Read More on BN:
- Brookfield Corporation Reports Strong 2023 Results
- BN Upcoming Earnings Report: What to Expect?
- Brookfield Corp. price target raised to $61 from $55 at TD Securities
- Brookfield Corp. price target raised to $49 from $46.25 at Scotiabank
- Brookfield Corporation to Host Fourth Quarter 2023 Results Conference Call
