Brookfield Business (NYSE:BBUC) Stock Rating Upgraded by Scotiabank

Key Points

• Scotiabank upgraded Brookfield Business (BBUC) to a "strong-buy", though other analysts are mixed—Zacks moved to hold, Wall Street Zen to buy and Weiss reiterated a sell—leaving the consensus average rating at Hold.
• BBUC trades around $33.42 with a market cap of $6.92 billion, a negative P/E (-128.52), a 52-week range of $24.75–$38.25, a high debt-to-equity ratio (2.91), and roughly 85% institutional ownership amid recent modest institutional buying.

Brookfield Business (NYSE:BBUC - Get Free Report) was upgraded by analysts at Scotiabank to a "strong-buy" rating in a report issued on Thursday,Zacks.com reports.

Several other research analysts also recently commented on BBUC. Zacks Research upgraded Brookfield Business from a "strong sell" rating to a "hold" rating in a report on Tuesday, March 31st. Wall Street Zen upgraded Brookfield Business from a "hold" rating to a "buy" rating in a report on Saturday. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Brookfield Business in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Brookfield Business has an average rating of "Hold".

Brookfield Business Stock Down 0.3%

BBUC opened at $33.42 on Thursday. The business's fifty day moving average price is $33.35. The stock has a market cap of $6.92 billion, a P/E ratio of -128.52 and a beta of 1.32. Brookfield Business has a 52 week low of $24.75 and a 52 week high of $38.25. The company has a debt-to-equity ratio of 2.91, a current ratio of 1.67 and a quick ratio of 1.39.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in BBUC. Signaturefd LLC raised its position in shares of Brookfield Business by 29.4% in the 4th quarter. Signaturefd LLC now owns 3,018 shares of the company's stock worth $108,000 after acquiring an additional 685 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Brookfield Business in the 4th quarter worth $178,000. Jump Financial LLC bought a new position in shares of Brookfield Business in the 4th quarter worth $240,000. Franklin Resources Inc. raised its position in shares of Brookfield Business by 7.1% in the 4th quarter. Franklin Resources Inc. now owns 7,302 shares of the company's stock worth $262,000 after acquiring an additional 482 shares in the last quarter. Finally, Squarepoint Ops LLC bought a new position in shares of Brookfield Business in the 4th quarter worth $280,000. 85.04% of the stock is owned by institutional investors.

About Brookfield Business

Brookfield Business NYSE: BBUC is a publicly traded operating company affiliated with the Brookfield group that focuses on owning and managing a portfolio of industrial and business services companies. The company’s model centers on acquiring established businesses and applying active operational oversight, capital investment and strategic management to improve performance and support long‑term growth.

Brookfield Business’s activities span a range of sectors within the industrial and services landscape, including manufacturing, industrial services, specialty distribution and business‑to‑business service providers.

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