Brookfield (BN) to Release Earnings on Thursday

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

Brookfield Price Performance

Brookfield stock opened at $57.93 on Wednesday. The company has a 50-day moving average price of $52.84 and a 200 day moving average price of $47.40. Brookfield has a 12-month low of $31.51 and a 12-month high of $59.23. The stock has a market cap of $95.37 billion, a P/E ratio of 99.88 and a beta of 1.53. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 1.39.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on BN shares. Keefe, Bruyette & Woods upped their price objective on Brookfield from $44.00 to $46.00 and gave the stock a “market perform” rating in a report on Friday, August 9th. Scotiabank lifted their target price on Brookfield from $51.25 to $65.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Royal Bank of Canada dropped their target price on shares of Brookfield from $57.00 to $56.00 and set an “outperform” rating on the stock in a report on Friday, August 9th. BMO Capital Markets lifted their target price on shares of Brookfield from $48.00 to $50.00 and gave the stock an “outperform” rating in a report on Wednesday, September 11th. Finally, TD Securities increased their price target on Brookfield from $62.00 to $63.00 and gave the company a “buy” rating in a research report on Monday, August 12th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Brookfield currently has an average rating of “Moderate Buy” and an average target price of $53.31.

About Brookfield

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.