Brookfield (NYSE:BN) Price Target Cut to $61.00 by Analysts at Royal Bank Of Canada

Brookfield (NYSE:BN) had its target price reduced by Royal Bank Of Canada from $63.00 to $61.00 in a report issued on Friday, MarketBeat reports. Royal Bank Of Canada currently has an outperform rating on the stock.

BN has been the topic of several other research reports. Morgan Stanley reaffirmed an “overweight” rating and set a $61.00 target price (up from $60.00) on shares of Brookfield in a research note on Tuesday, April 21st. National Bank Financial lifted their target price on shares of Brookfield from $56.00 to $59.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. JPMorgan Chase & Co. lifted their target price on shares of Brookfield from $60.00 to $62.00 and gave the stock an “overweight” rating in a research note on Tuesday. BMO Capital Markets lifted their target price on shares of Brookfield from $49.00 to $51.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Finally, Scotiabank lowered their target price on shares of Brookfield from $52.00 to $48.50 and set a “sector outperform” rating on the stock in a research note on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Brookfield has an average rating of “Moderate Buy” and a consensus price target of $56.40.

Brookfield Price Performance

Brookfield stock opened at $45.48 on Friday. The company’s fifty day moving average price is $42.78 and its 200 day moving average price is $44.94. Brookfield has a 1 year low of $37.54 and a 1 year high of $49.56. The stock has a market capitalization of $111.45 billion, a P/E ratio of 89.17 and a beta of 1.55. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.21 and a current ratio of 1.32.

Brookfield (NYSE:BN) last announced its earnings results on Thursday, February 12th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. Brookfield had a net margin of 1.76% and a return on equity of 3.87%. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.63 billion. As a group, equities research analysts anticipate that Brookfield will post 2.94 earnings per share for the current fiscal year.

Brookfield Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.28 annualized dividend and a dividend yield of 0.6%. Brookfield’s payout ratio is presently 57.14%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Chemistry Wealth Management LLC raised its holdings in Brookfield by 51.6% in the 4th quarter. Chemistry Wealth Management LLC now owns 437,620 shares of the company’s stock valued at $20,082,000 after buying an additional 148,893 shares during the period. Triasima Portfolio Management inc. raised its holdings in Brookfield by 9.0% in the 3rd quarter. Triasima Portfolio Management inc. now owns 288,866 shares of the company’s stock valued at $19,825,000 after buying an additional 23,923 shares during the period. PCJ Investment Counsel Ltd. raised its holdings in Brookfield by 110.2% in the 3rd quarter. PCJ Investment Counsel Ltd. now owns 232,780 shares of the company’s stock valued at $15,966,000 after buying an additional 122,040 shares during the period. Florida Trust Wealth Management Co raised its holdings in Brookfield by 49.0% in the 4th quarter. Florida Trust Wealth Management Co now owns 1,176,417 shares of the company’s stock valued at $53,986,000 after buying an additional 387,068 shares during the period. Finally, Citigroup Inc. raised its holdings in Brookfield by 49.5% in the 3rd quarter. Citigroup Inc. now owns 667,613 shares of the company’s stock valued at $45,817,000 after buying an additional 221,078 shares during the period. Institutional investors and hedge funds own 61.60% of the company’s stock.

Brookfield News Roundup

Here are the key news stories impacting Brookfield this week:

• Positive Sentiment: Scotiabank and National Bank Financial both raised their price targets on Brookfield, keeping bullish ratings in place and signaling more upside from current levels. BayStreet.CA analyst ratings
• Positive Sentiment: Brookfield’s first-quarter results showed strong distributable earnings growth, with the company also highlighting heavy share repurchases and continued expansion of its insurance and wealth platforms. Brookfield Corporation Reports Strong First Quarter Results
• Positive Sentiment: The company disclosed a roughly $1 billion to $2 billion stake in SpaceX ahead of a possible IPO, which could be viewed as a valuable private-market investment and a potential catalyst if SpaceX eventually goes public. Brookfield Reveals $2 Billion SpaceX Stake Ahead Of Possible IPO
• Neutral Sentiment: Brookfield announced a C$750 million debt offering and a quarterly dividend, both of which are routine financing and capital-return updates rather than immediate earnings drivers. Brookfield Corporation Announces C$750M Debt Offering Pricing
• Negative Sentiment: The main drag on sentiment is that Brookfield’s reported Q1 EPS came in slightly below expectations, which may be prompting some profit-taking despite otherwise solid operating trends. Brookfield Corporation Q1 2026 Earnings Call Transcript

Brookfield Company Profile

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.