Alert: Positive Investment/Fundamental Signals (12/1/23)-Brookfield Corp (NYSE: BN)


Brookfield Corp (NYSE: BN) has recently enjoyed extremely important positive changes in investment behavior: its shorter term price trend turned up, and its longer term price trend turned up.

Extremely important positive changes in fundamentals have recently occurred for Brookfield Corp (NYSE: BN): the consensus estimate for December, 2023 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

BN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Brookfield has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Brookfield has a good Power Rating of 71 and a very high Appreciation Score of 93, leading to the Highest Value Trend Rating.

Recent Price Action

Brookfield Corp (NYSE: BN) stock enjoyed a large increase of 2.5% on 12/1/23. The stock closed at $36.16. However, trading volume in this advance was below average at 69% of normal. The stock has been strong relative to the market over the last nine months and has risen 5.4% during the last week.

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