In a report released today, Dean Wilkinson from CIBC maintained a Buy rating on Brookfield Corporation (BN – Research Report), with a price target of $53.00. The company’s shares opened today at $44.28.
According to TipRanks, Wilkinson is a 5-star analyst with an average return of 12.4% and a 62.37% success rate. Wilkinson covers the Real Estate sector, focusing on stocks such as Boardwalk REIT, RioCan Real Estate Investment, and Allied Properties Real Estate Investment Trust.
In addition to CIBC, Brookfield Corporation also received a Buy from Scotiabank’s Mario Saric in a report issued today. However, yesterday, KBW reiterated a Hold rating on Brookfield Corporation (NYSE: BN).
BN market cap is currently $72.55B and has a P/E ratio of 72.29.
Based on the recent corporate insider activity of 67 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.
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