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Investing.com - RBC Capital has raised its price target on Brookfield Corporation (NYSE:BN) to $83.00 from $81.00 while maintaining an Outperform rating. The stock, currently trading at $64.91, has delivered an impressive 47% return over the past year, according to InvestingPro data.
The price target increase follows what RBC describes as "solid quarterly results" from Brookfield Corporation, with the firm identifying multiple catalysts that could drive multi-year growth in distributable earnings and value per share. With a market capitalization of $98.3 billion and an overall Financial Health score of FAIR from InvestingPro, Brookfield maintains a strong market position.
Among these catalysts, RBC highlights growth in Brookfield Wealth Solutions through higher assets and enhanced distribution channels, as well as expected increases in cash carried interest beginning in 2026.
The firm also points to Brookfield’s strategy of rotating core real estate into Brookfield Wealth Solutions and selling down Transitional & Development assets as positive factors for future growth.
RBC additionally notes that continued share buybacks at prices below the firm’s estimated Net Asset Value should be accretive for Brookfield Corporation shareholders.
In other recent news, Brookfield Corp reported its financial results for the second quarter of 2025, highlighting a notable revenue achievement. The company posted a revenue of $18.08 billion, significantly surpassing the anticipated $1.4 billion. However, Brookfield Corp’s earnings per share (EPS) did not meet expectations, coming in at $0.80 compared to the forecasted $0.90, marking an 11.11% miss. These financial results are crucial for investors, offering insights into the company’s performance. Despite the EPS miss, the revenue figures indicate strong business operations. Analysts and investors will likely scrutinize these results to understand the company’s financial health and future prospects. The information provides a snapshot of recent developments within Brookfield Corp.
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