Brookfield Business (NYSE:BBUC) Rating Lowered to “Sector Perform” at Royal Bank Of Canada

Brookfield Business (NYSE:BBUC) was downgraded by research analysts at Royal Bank Of Canada from an “outperform” rating to a “sector perform” rating in a research note issued on Friday, Benzinga reports. They currently have a $34.00 price objective on the stock. Royal Bank Of Canada‘s price objective points to a potential upside of 14.88% from the stock’s previous close.

A number of other research firms also recently issued reports on BBUC. Scotiabank set a $40.50 price target on shares of Brookfield Business in a research report on Friday, July 24th. National Bank Financial lowered their price objective on shares of Brookfield Business from $42.00 to $38.00 and set an “outperform” rating for the company in a research report on Wednesday, October 28th. TD Cowen dropped their price objective on shares of Brookfield Business from $32.00 to $29.00 and set a “hold” rating on the stock in a research note on Monday, October 12th. Wall Street Zen lowered shares of Brookfield Business from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Finally, RBC Dominion Securities cut their target price on shares of Brookfield Business from $40.00 to $34.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Brookfield Business currently has an average rating of “Hold” and an average target price of $36.17.

Brookfield Business Stock Performance

Shares of BBUC stock traded down $0.65 on Friday, hitting $29.59. 101,809 shares of the stock traded hands, compared to its average volume of 307,865. The company’s fifty day moving average is $26.89 and its 200 day moving average is $31.17. Brookfield Business has a 1-year low of $24.80 and a 1-year high of $38.25. The company has a market capitalization of $6.08 billion, a PE ratio of -75.75 and a beta of 1.32. The company has a debt-to-equity ratio of 2.92, a current ratio of 1.44 and a quick ratio of 1.22.

Brookfield Business (NYSE:BBUC) last released its quarterly earnings data on Thursday, November 5th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $1.25 by ($1.16). Brookfield Business had a return on equity of 2.05% and a net margin of 1.13%. On average, equities research analysts predict that Brookfield Business will post 5.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Beutel Goodman & Co Ltd. acquired a new stake in shares of Brookfield Business in the third quarter valued at approximately $22,301,000. Private Management Group Inc. bought a new stake in shares of Brookfield Business during the third quarter valued at approximately $31,873,000. Ethic Inc. bought a new stake in shares of Brookfield Business during the third quarter valued at approximately $595,000. Parallel Advisors LLC bought a new stake in shares of Brookfield Business during the third quarter valued at approximately $26,000. Finally, Bfsg LLC acquired a new position in shares of Brookfield Business during the third quarter worth approximately $248,000. Institutional investors own 85.04% of the company’s stock.

More Brookfield Business News

Here are the key news stories impacting Brookfield Business this week:

• Positive Sentiment: Brookfield Business swung to a profit in Q3, with revenue rising to $6.99 billion and profit and EBITDA higher, pointing to improvement in operating performance. Article: Brookfield Business Swings to Profit in Q3, Revenue Rises
• Positive Sentiment: The company declared a quarterly dividend of $0.0625 per share, payable December 31 to shareholders of record November 30. Article: Brookfield Business Reports Higher Profit and EBITDA in Third Quarter
• Negative Sentiment: Reported EPS of $0.09 fell short of the $1.25 consensus estimate, a sizable miss that may outweigh the improved profit and revenue figures for investors. Article: Brookfield Business Reports Weak Q3 2026 as EPS Misses Estimates
• Negative Sentiment: RBC downgraded BBUC from Outperform to Sector Perform, citing limited relative upside, though it maintained its $34 price target. The downgrade may weigh on sentiment despite the target being above the recent share price. Article: RBC Downgrades Brookfield Business

About Brookfield Business

Brookfield Business Corporation (NYSE: BBUC) is a publicly traded corporation that provides investors with an interest in the operations of Brookfield Business Partners, a global owner and operator of business services, infrastructure services and industrial companies. BBUC’s shares are designed to provide economic exposure substantially equivalent to units of Brookfield Business Partners L.P., while offering a corporate share structure.

Through its portfolio companies, Brookfield Business Partners is involved in essential and often service-oriented activities, including healthcare services, construction and infrastructure services, industrial operations, energy-related businesses and other business services.