Brookfield Business Partners L.P. (BBU)
NYSE: BBU · IEX Real-Time Price · USD
22.10
-0.05 (-0.25%)
Mar 28, 2024, 3:50 PM EDT - Market closed
BBU Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for BBU stock have an average target of 28, with a low estimate of 26 and a high estimate of 30. The average target predicts an increase of 26.73% from the current stock price of 22.10.
Analyst Consensus: Buy
* Price targets were last updated on Feb 5, 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 1 | 2 | 2 | 3 | 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 | 1 | 2 | 2 | 3 | 4 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Scotiabank | Scotiabank | Buy Maintains $27 → $28 | Buy | Maintains | $27 → $28 | +26.73% | Feb 5, 2024 |
BMO Capital | BMO Capital | Buy Maintains $28 → $30 | Buy | Maintains | $28 → $30 | +35.78% | Jan 24, 2024 |
RBC Capital | RBC Capital | Buy Initiates $28 | Buy | Initiates | $28 | +26.73% | Nov 13, 2023 |
Credit Suisse | Credit Suisse | Buy Reiterates $26 | Buy | Reiterates | $26 | +17.67% | Aug 30, 2023 |
Credit Suisse | Credit Suisse | Buy Reiterates $26 | Buy | Reiterates | $26 | +17.67% | Jun 8, 2023 |
Financial Forecast
Revenue This Year
66.44B
from 55.07B
Increased by 20.65%
Revenue Next Year
71.96B
from 66.44B
Increased by 8.31%
EPS This Year
-5.83
from 6.49
EPS Next Year
-5.15
from -5.83
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 69.1B | 74.8B |
Avg | 66.4B | 72.0B |
Low | 64.5B | 69.8B |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 25.4% | 12.6% |
Avg | 20.6% | 8.3% |
Low | 17.1% | 5.1% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | -6.06 | -5.35 |
Avg | -5.83 | -5.15 |
Low | -5.65 | -5.00 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | - | - |
Avg | - | - |
Low | - | - |
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.