Brookfield Business Partners’ (BBU.UN) Outperform Rating Reiterated at BMO Capital Markets

Brookfield Business Partners (TSE:BBU.UN)‘s stock had its “outperform” rating reissued by equities researchers at BMO Capital Markets in a research report issued to clients and investors on Wednesday. They currently have a C$47.00 price objective on the stock. BMO Capital Markets’ price objective would suggest a potential downside of 0.66% from the company’s previous close.

BBU.UN has been the topic of several other research reports. Royal Bank of Canada reduced their target price on shares of Brookfield Business Partners from C$47.00 to C$46.00 and set an “outperform” rating on the stock in a report on Tuesday, November 6th. CSFB increased their target price on shares of Brookfield Business Partners from C$42.00 to C$54.00 and gave the company an “outperform” rating in a report on Thursday, August 23rd.

Shares of Brookfield Business Partners stock traded up C$0.23 on Wednesday, hitting C$47.31. 17,862 shares of the company traded hands, compared to its average volume of 72,012. Brookfield Business Partners has a 12-month low of C$31.74 and a 12-month high of C$49.34.

About Brookfield Business Partners

Brookfield Business Partners L.P. is a provider of business services, including construction services, residential real estate services and facilities management. The Company operates through five segments: Construction services, Other business services, Energy operations, Other industrial operations, and Corporate and other.

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