Brookfield (TSE:BN) Trading 0.6% Higher – Here’s What Happened

Brookfield Co. (TSE:BN)’s stock price traded up 0.6% during trading on Tuesday . The stock traded as high as C$93.56 and last traded at C$93.35. 1,029,889 shares changed hands during trading, a decline of 41% from the average session volume of 1,754,771 shares. The stock had previously closed at C$92.76.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada set a C$81.00 target price on Brookfield and gave the company an “outperform” rating in a report on Wednesday, July 2nd.

Brookfield Trading Up 0.6%

The stock has a market capitalization of C$99.22 billion, a PE ratio of 110.96 and a beta of 1.75. The firm’s 50-day simple moving average is C$84.13 and its two-hundred day simple moving average is C$80.28.

About Brookfield

Brookfield Corp, formerly Brookfield Asset Management Inc owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations.