Credit Suisse (SIX:CSGN) analyst Andrew Kuske reiterated a Buy rating on Brookfield Business Partners (NYSE:BBU) LP on Wednesday, setting a price target of $40, which is approximately 22.10% above the present share price of $32.76.
Kuske expects Brookfield Business Partners LP to post earnings per share (EPS) of -$0.84 for the third quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in Brookfield Business Partners, with an average price target of $39.67.
The analysts price targets range from a high of $40 to a low of $39.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $10.15 billion and a net profit of $463 million. The company's market cap is $2.59 billion.
According to TipRanks.com, Credit Suisse analyst Andrew Kuske is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 1.0% and a 53.15% success rate.
Brookfield Business Partners LP specializes in business services and industrial operations. It operates though the following segments: Business services, Infrastructure services, Industrial operations, and Corporate and other. The Business Services segment relates to residential real estate, facilities management and financial advisory services. The new infrastructure services segment is currently comprised of a global provider of infrastructure services to the power generation industry. The industrial operations segment consists primarily of specialty metal and aggregates mining operations in Canada, select industrial manufacturing operations, comprised principally of the global production of graphite electrodes and the manufacturing of infrastructure support products in Canada, water and wastewater services in Brazil, and natural gas exploration and production. The corporate and other includes corporate cash and liquidity management, as well as activities related to the management of the partnership's relationship with Brookfield. The company was founded on October 1, 2015 and is headquartered in Hamilton, Bermuda.