Brookfield Business Partners L.P. (BBU)
NYSE: BBU · IEX Real-Time Price · USD
19.86
-0.02 (-0.10%)
At close: Jul 19, 2024, 4:00 PM
19.80
-0.06 (-0.30%)
After-hours: Jul 20, 2024, 12:57 PM EDT
BBU Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for BBU stock have an average target of 28.25, with a low estimate of 26 and a high estimate of 31. The average target predicts an increase of 42.25% from the current stock price of 19.86.
Analyst Consensus: Buy
* Price targets were last updated on May 6, 2024.
Analyst Ratings
The average analyst rating for BBU stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $30 → $31 | Buy | Maintains | $30 → $31 | +56.09% | May 6, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $27 → $28 | Buy | Maintains | $27 → $28 | +40.99% | Feb 5, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $28 → $30 | Buy | Maintains | $28 → $30 | +51.06% | Jan 24, 2024 |
| RBC Capital | RBC Capital | Buy Initiates $28 | Buy | Initiates | $28 | +40.99% | Nov 13, 2023 |
| Credit Suisse | Credit Suisse | Buy Reiterates $26 | Buy | Reiterates | $26 | +30.92% | Aug 30, 2023 |
Financial Forecast
Revenue This Year
62.25B
from 55.07B
Increased by 13.04%
Revenue Next Year
71.58B
from 62.25B
Increased by 15.00%
EPS This Year
0.52
from 6.49
Decreased by -92.06%
EPS Next Year
1.10
from 0.52
Increased by 113.73%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 64.7B | 74.4B |
| Avg | 62.2B | 71.6B |
| Low | 60.4B | 69.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 17.5% | 19.6% |
| Avg | 13.0% | 15.0% |
| Low | 9.7% | 11.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.54 | 1.14 |
| Avg | 0.52 | 1.10 |
| Low | 0.50 | 1.07 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -91.7% | 122.2% |
| Avg | -92.1% | 113.7% |
| Low | -92.3% | 107.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.