Streetbeat News

BBU

Brookfield Business Partners L.P.

https://bbu.brookfield.com

Industry

Conglomerates

Brookfield Business Partners L.P. is a private equity firm specializes in acquisition. The firm typically invests in business services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments. Brookfield Business Partners L.P. is based in Hamilton, Bermuda. Brookfield Business Partners L.P. operates as a subsidiary of Brookfield Asset Management Inc.

Open

23.74

Mkt cap

1.8B

Volume

9.8K

High

24.69

P/E Ratio

3.05

52-wk high

25.64

Low

23.74

Div yield

0.01

52-wk low

15.34

Analysts predict a 25% upside for Brookfield Business Partners (BBU) based on price targets and raised earnings estimates.

Portfolio Pulse from

November 21, 2024 | 4:15 pm

Brookfield Business Partners (BBU) shares are gaining momentum due to positive earnings estimate revisions, suggesting potential for further short-term growth.

Portfolio Pulse from

November 15, 2024 | 6:30 pm

Brookfield Business Partners (BBU) is highlighted as a stock with strong recent momentum while still being reasonably priced, making it a potential bargain for investors.

Portfolio Pulse from

November 13, 2024 | 3:00 pm

Brookfield Business Partners L.P. (NYSE:BBU) held its Q3 2024 earnings call, discussing financial results and business operations. Key participants included executives and analysts from major financial institutions.

Portfolio Pulse from

November 08, 2024 | 7:00 pm

RBC Capital analyst Geoffrey Kwan has reiterated an Outperform rating on Brookfield Business Partners (NYSE:BBU) and maintained a $32 price target.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 12:16 pm

RBC Capital analyst Geoffrey Kwan reiterates an Outperform rating on Brookfield Business Partners (NYSE:BBU) and maintains a $32 price target.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 2:35 pm

Brookfield Business Partners (NYSE:BBU) reported Q2 sales of $11.946 billion, a decrease of 11.55% from $13.506 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:49 am

Brookfield Business Partners announced that its dealer software and technology services operation, CDK Global, experienced unauthorized cyber activity on June 19. CDK promptly shut down systems, engaged third-party experts, and notified law enforcement. Brookfield does not expect this incident to have a material impact on its business.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:09 pm

CDK Global is working to restore its dealer management system (DMS) after cyberattacks impacted 15,000 U.S. car dealerships. The company aims to have all dealer connections live by July 4th. CDK Global was acquired by Brookfield Business Partners (NYSE:BBU) in 2022. Additionally, Advance Auto Parts (NYSE:AAP) is investigating a potential data attack connected to Snowflake (NYSE:SNOW).

Portfolio Pulse from Anan Ashraf

July 02, 2024 | 10:20 am

CDK Global, an automotive data provider, experienced a cyber incident that disrupted operations across the U.S. and Canada. The company, acquired by Brookfield Business Partners in 2022, is actively investigating the issue and working to restore functionality. This incident highlights the vulnerability of automotive-related companies to cyber attacks.

Portfolio Pulse from Anthony Noto

June 19, 2024 | 8:44 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.