Brookfield (BN) Set to Announce Earnings on Thursday

Brookfield (NYSE:BN) is set to release its earnings data before the market opens on Thursday, November 14th. Analysts expect Brookfield to post earnings of $0.81 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Brookfield Stock Up 3.0 %

BN stock opened at $58.78 on Tuesday. Brookfield has a twelve month low of $31.51 and a twelve month high of $59.23. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 1.39. The stock’s 50 day moving average is $52.64 and its 200-day moving average is $47.28. The firm has a market capitalization of $96.77 billion, a PE ratio of 101.35 and a beta of 1.53.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Keefe, Bruyette & Woods raised their target price on Brookfield from $44.00 to $46.00 and gave the company a “market perform” rating in a report on Friday, August 9th. JPMorgan Chase & Co. raised their target price on Brookfield from $49.00 to $52.00 and gave the company an “overweight” rating in a report on Wednesday, July 31st. Scotiabank raised their target price on Brookfield from $51.25 to $65.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. TD Securities lifted their price target on Brookfield from $62.00 to $63.00 and gave the stock a “buy” rating in a report on Monday, August 12th. Finally, BMO Capital Markets boosted their price objective on Brookfield from $48.00 to $50.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 11th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Brookfield presently has an average rating of “Moderate Buy” and an average target price of $53.31.

Brookfield Company Profile

Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients.