TSX:BNCapital Markets
Brookfield (TSX:BN) Stock Could Trade At A Premium After 83% Returns And Weak Value Checks
Brookfield stock has delivered a strong 82.6% gain over the past three years, yet the broader valuation checks currently lean toward the shares looking expensive rather than like a clear bargain.
The 82.6% return over three years sets a high bar for new buyers and raises the risk that much of the good news is already reflected in the share price.
Brookfield’s ability to keep recycling capital into attractive assets can support the current share price, while any setback in realizing value...