Across the recent three months, 4 analysts have shared their insights on Brookfield (NYSE:BN), expressing a variety of opinions spanning from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 3 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $50.38, a high estimate of $53.00, and a low estimate of $46.00. Surpassing the previous average price target of $49.00, the current average has increased by 2.82%.
Analyzing Analyst Ratings: A Detailed Breakdown
The perception of Brookfield by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mario Saric | Scotiabank | Lowers | Sector Outperform | $49.50 | $50.00 |
| Michael Brown | Keefe, Bruyette & Woods | Raises | Market Perform | $46.00 | $45.00 |
| Geoffrey Kwan | RBC Capital | Maintains | Outperform | $53.00 | - |
| Geoffrey Kwan | RBC Capital | Raises | Outperform | $53.00 | $52.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Brookfield. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Brookfield compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Brookfield's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Brookfield's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Brookfield analyst ratings.
Delving into Brookfield's Background
Brookfield Corp is an investment firm focused on building long-term wealth for institutions and individuals. It has three businesses Asset Management, Insurance Solutions, and Operating Businesses. it invests in real assets that form the backbone of the economy to deliver risk-adjusted returns to stakeholders. It generates the majority of its revenue from Asset Management. It has a geographic presence in the UK, the United States, Australia, Canada, Brazil, India, and other countries.
Breaking Down Brookfield's Financial Performance
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Brookfield displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 1.26%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Brookfield's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 2.68%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Brookfield's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.6%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Brookfield's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.14%, the company may face hurdles in achieving optimal financial returns.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 5.61, caution is advised due to increased financial risk.
How Are Analyst Ratings Determined?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.