Brookfield (NYSE:BN) Price Target Raised to $61.00

Brookfield (NYSE:BN) had its price target boosted by equities research analysts at TD from $60.00 to $61.00 in a report issued on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD’s price objective indicates a potential upside of 40.18% from the stock’s previous close.

A number of other brokerages have also recently weighed in on BN. National Bank Financial upped their price target on Brookfield from $58.00 to $60.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Brookfield in a report on Wednesday, June 24th. Scotiabank restated an “outperform” rating and issued a $54.00 target price (up from $53.00) on shares of Brookfield in a research note on Friday. Scotia upped their target price on shares of Brookfield from $53.00 to $54.00 and gave the stock a “sector outperform” rating in a report on Friday. Finally, TD Securities reiterated a “buy” rating and set a $60.00 target price on shares of Brookfield in a research report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $56.91.

Brookfield Price Performance

Shares of BN stock traded down $1.60 during trading hours on Friday, hitting $43.51. The company had a trading volume of 3,374,209 shares, compared to its average volume of 5,198,792. Brookfield has a 12 month low of $37.93 and a 12 month high of $49.56. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.20 and a current ratio of 1.32. The firm’s fifty day moving average is $43.64 and its 200 day moving average is $43.95. The firm has a market capitalization of $106.69 billion, a price-to-earnings ratio of 85.34 and a beta of 1.54.

Institutional Investors Weigh In On Brookfield

A number of hedge funds have recently added to or reduced their stakes in BN. Truvestments Capital LLC increased its position in Brookfield by 49.9% in the 4th quarter. Truvestments Capital LLC now owns 640 shares of the company’s stock valued at $29,000 after acquiring an additional 213 shares in the last quarter. Meadow Creek Wealth Advisors LLC lifted its position in shares of Brookfield by 2.3% during the first quarter. Meadow Creek Wealth Advisors LLC now owns 10,308 shares of the company’s stock worth $417,000 after purchasing an additional 234 shares in the last quarter. New England Capital Financial Advisors LLC lifted its position in shares of Brookfield by 50.2% during the fourth quarter. New England Capital Financial Advisors LLC now owns 751 shares of the company’s stock worth $34,000 after purchasing an additional 251 shares in the last quarter. ST Germain D J Co. Inc. grew its stake in shares of Brookfield by 49.9% during the fourth quarter. ST Germain D J Co. Inc. now owns 811 shares of the company’s stock valued at $37,000 after purchasing an additional 270 shares during the last quarter. Finally, State of Wyoming grew its stake in shares of Brookfield by 6.0% during the first quarter. State of Wyoming now owns 5,151 shares of the company’s stock valued at $208,000 after purchasing an additional 290 shares during the last quarter. Institutional investors own 61.60% of the company’s stock.

Key Stories Impacting Brookfield

Here are the key news stories impacting Brookfield this week:

• Positive Sentiment: Brookfield reported second-quarter distributable earnings of $1.5 billion, or $0.66 per share, with distributable earnings before realizations per share increasing 15% year over year. Asset-management fee-related earnings rose 20%, while wealth-solutions earnings increased 23%. Brookfield Corporation Reports 15% Increase in Earnings
• Positive Sentiment: Record fundraising of $98 billion during the first half of 2026 lifted deployable capital to $210 billion, giving Brookfield significant capacity to pursue investments and support future growth.
• Positive Sentiment: The company completed its acquisitions of Oaktree and Just Group, expanding its credit and insurance platforms. Brookfield also repurchased approximately $580 million of Class A shares year to date at an average price of $42, signaling management’s confidence in the valuation.
• Positive Sentiment: Scotiabank raised its Brookfield price target from $53 to $54 and maintained a “sector outperform” rating, implying substantial upside based on the referenced trading level. Scotiabank Raises Brookfield Price Target
• Neutral Sentiment: Brookfield declared its regular quarterly dividend of $0.07 per share, payable September 29 to shareholders of record September 14. The company is also proceeding with its approved corporate simplification, which will convert existing shares into New BN shares based on shareholder jurisdiction.
• Negative Sentiment: Consolidated net income fell to $703 million from $1.055 billion a year earlier, even though distributable earnings and reported EPS exceeded consensus estimates. This divergence may have prompted investors to focus on the quality and sustainability of earnings.
• Negative Sentiment: The Oaktree and Just Group transactions, together with the corporate simplification, create integration, execution and transition risks. Investors may also have viewed the favorable operating results as already reflected in BN’s valuation, contributing to a post-earnings pullback. Brookfield Falls as Investors Digest Earnings and Restructuring

About Brookfield

Brookfield Corporation (NYSE:BN) is a global alternative asset manager that specializes in real assets. The company invests in and operates businesses across real estate, infrastructure, renewable power and energy, private equity and credit. Its activities span both ownership and active management of physical assets as well as the operation of investment funds and vehicles that provide institutional and retail investors access to long?lived, cash?generating assets.

Brookfield’s services include asset management, direct investing, property development and the operation of infrastructure and energy businesses.