Brookfield Business Partners (BBU) Stock Forecast & Price Target

$19.72
-0.09 (-0.45%)
(As of 05/17/2024 ET)

Brookfield Business Partners Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Buy
Based on 7 Analyst Ratings

Analysts' Consensus Price Target

$30.33
53.82% Upside
High Forecast$34.00
Average Forecast$30.33
Low Forecast$26.00
TypeCurrent Forecast
5/19/23 to 5/18/24
1 Month Ago
4/19/23 to 4/18/24
3 Months Ago
2/18/23 to 2/18/24
1 Year Ago
5/19/22 to 5/19/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
3 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$30.33$29.67$29.67$31.67
Predicted Upside53.82% Upside50.38% Upside50.38% Upside54.66% Upside
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BBU Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BBU Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Brookfield Business Partners Stock vs. The Competition

TypeBrookfield Business PartnersBusiness Services CompaniesS&P 500
Consensus Rating Score
3.14
2.62
2.49
Consensus RatingBuyModerate BuyHold
Predicted Upside53.82% Upside152.59% Upside7.83% Upside
News Sentiment RatingNegative News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/7/2024Cibc World Mkts
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N. Priebe
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UpgradeStrong-Buy
5/6/2024Royal Bank of Canada
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 Lower TargetOutperform$32.00 ➝ $31.00+63.24%
5/6/2024BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$30.00 ➝ $31.00+66.04%
2/5/2024National Bankshares
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 Boost TargetOutperform$33.00 ➝ $34.00+50.04%
2/5/2024Desjardins
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 Boost TargetBuy$31.00 ➝ $32.00+41.22%
2/5/2024Scotiabank
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 Boost TargetSector Outperform ➝ Sector Outperform$26.50 ➝ $28.00+24.33%
8/30/2023Credit Suisse Group
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 Reiterated RatingOutperform ➝ Outperform$26.00+73.33%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 03:47 AM ET.

BBU Price Target - Frequently Asked Questions

What is Brookfield Business Partners's consensus rating and price target?

According to the issued ratings of 7 analysts in the last year, the consensus rating for Brookfield Business Partners stock is Buy based on the current 6 buy ratings and 1 strong buy rating for BBU. The average twelve-month price prediction for Brookfield Business Partners is $30.33 with a high price target of $34.00 and a low price target of $26.00. Learn more on BBU's analyst rating history.

Do Wall Street analysts like Brookfield Business Partners more than its competitors?

Analysts like Brookfield Business Partners more than other Business Services companies. The consensus rating for Brookfield Business Partners is Buy while the average consensus rating for business services companies is Moderate Buy. Learn more on how BBU compares to other companies.

Is Brookfield Business Partners being upgraded by Wall Street analysts?

Over the previous 90 days, Brookfield Business Partners's stock had 1 upgrade by analysts.

Does Brookfield Business Partners's stock price have much upside?

According to analysts, Brookfield Business Partners's stock has a predicted upside of 51.04% based on their 12-month stock forecasts.

What analysts cover Brookfield Business Partners?

Brookfield Business Partners has been rated by BMO Capital Markets, Cibc World Mkts, and Royal Bank of Canada in the past 90 days.


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This page (NYSE:BBU) was last updated on 5/18/2024 by MarketBeat.com Staff

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