Brookfield Corporation's stock has seen notable fluctuations in recent weeks, with recent news impacting investor sentiment.
Brookfield Corporation (BN.TO) has experienced a 2.40% decline over the past week, closing at C$54.19. The stock's performance has been under pressure, exacerbated by recent developments regarding its preferred shares.
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Brookfield Corporation
BN.TO
BN.TO
Brookfield Corporation
WealthAwesomeMarket cap
$124.36B
P/E
74.3x
Div. yield
0.47%
Div. / share
$0.26
52W high
$68.21
52W low
$51.96
1W change
-2.40%
Beta
1.82
Analyst Price Targets
Based on analyst covering BN
Wall Street analysts forecast BN stock price to rise 36.8% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$76.23
+36.8% Upside
Current Price
C$55.71
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BN's historical volatility
30-Day Vol
26.1%
Annualized
90-Day Vol
26.6%
Annualized
Trend (90d)
-46.8%
Annualized drift
90d Mean
C$47.14
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$52.69 | C$48.15 โ C$57.67 |
| 60 trading days | C$49.84 | C$43.87 โ C$56.62 |
| 90 trading days | C$47.14 | C$40.33 โ C$55.11 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should be mindful of Brookfield's current valuation and the implications of its recent announcements regarding preferred share redemptions as they assess the company's future performance.
Brookfield's stock has declined 13.08% year-to-date.
The stock's performance is further highlighted by a profit margin of just 1.8% and a high P/E ratio of 74.28, raising questions about its valuation sustainability.
Bull case
Analysts are optimistic about Brookfield, setting an average target price of C$76.23. This suggests a potential upside of around 40.7%, indicating that they believe the stock could recover if the company addresses its valuation concerns.
Bear case
However, the company is under scrutiny regarding its valuation. Some analysts argue that its stock may be trading above fair value based on its earnings, which could pose risks for investors.
Recent Price Action
Brookfield Corporation's stock closed at C$54.19, reflecting a 2.40% decline over the past week. The stock has been under pressure, down 9.41% in the last month and 13.08% year-to-date. The volume for the latest session was 4,852,260 shares, significantly higher than the 20-day average volume of 3,099,770 shares, indicating heightened trading activity.
Company News
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Recent headlines have put Brookfield in the spotlight, particularly regarding its announcement to redeem its Class A Preference Shares, Series 51 and 52. This move has raised questions about the company's valuation, with some analysts suggesting that Brookfield's stock may be trading above fair value based on its earnings. Investors are advised to consider these factors as they assess the company's future.
Technical Picture
From a technical standpoint, Brookfield's stock is trading below both its 50-day moving average of C$59.82 and its 200-day moving average of C$61.36, indicating a bearish trend. The stock's 52-week range is C$51.96 to C$68.21, with the current price situated at approximately 14% of this range. The stock's beta of 1.82 suggests higher volatility compared to the broader market.
Analyst Outlook
Despite recent challenges, analysts maintain a bullish outlook on Brookfield Corporation, with an average target price of C$76.23, indicating a potential upside of 40.7%. This positive sentiment suggests that analysts believe the stock may rebound, provided that the company can navigate its current valuation concerns.
Price Action Summary
As of the latest close, Brookfield Corporation's stock stands at C$54.19, reflecting a 0.00% change for the day. Investors should remain vigilant and consider both the technical indicators and recent company news as they make investment decisions.
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