Brookfield Corporation (BN) Builds Momentum Through Diversified Investments

Brookfield Corporation (NYSE:BN) is one of the best stocks to buy, according to billionaire Bill Ackman. On December 17, BMO Capital reiterated an Outperform rating on Brookfield Corporation (NYSE:BN) and raised the price target to $49 from $46. The price target hike followed the stock’s 22% rally in 2025.

BMO Capital Lifts Brookfield Corporation (BN) Price Target Impressed by Growth Prospects

According to BMO Capital, Brookfield Corporation boasts an impressive 12% compound annual growth rate in distributable earnings. Additionally, the company is benefiting from rising asset management contributions, scaling of Wealth Solutions earnings, and improving carried interest realizations. Consequently, the price target hike reflects a higher valuation, implying a 15.6X multiple for projected 2027 distributable earnings.

Earlier on December 8, Brookfield Corporation confirmed the pricing of C$1 billion aggregate principal amount of medium-term notes. The offering comprises C$350 million aggregate principal amount of medium-term notes due March 1, 2033, bearing interest of 4.388%, and C$650 million aggregate principal amount of medium-term notes bearing interest of 5.399%. The company intends to use the net proceeds from the offering to redeem its 4.82% medium-term notes due January 28 and for general corporate purposes.

Brookfield Corporation (NYSE:BN) is a major global investment firm that manages vast capital by investing in tangible assets (infrastructure, renewable power, real estate, private equity) and operating a large Asset Management business, alongside Insurance Solutions (Wealth Solutions).

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Disclosure: None. This article is originally published at Insider Monkey.