Brookfield Corporation (BN) Gets a Buy from RBC Capital

In a report released yesterday, Bart Dziarski from RBC Capital maintained a Buy rating on Brookfield Corporation, with a price target of $60.00. The company’s shares closed yesterday at C$60.28.

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According to TipRanks, Dziarski is a 2-star analyst with an average return of 0.9% and a 37.84% success rate. Dziarski covers the Financial sector, focusing on stocks such as Brookfield Corporation, Sprott, and Brookfield Asset Management Ltd. Class A.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Brookfield Corporation with a $57.75 average price target, representing a -4.20% downside. In a report released on February 17, Morgan Stanley also maintained a Buy rating on the stock with a $60.00 price target.

The company has a one-year high of C$68.44 and a one-year low of C$41.25. Currently, Brookfield Corporation has an average volume of 2.81M.

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BN in relation to earlier this year.