Wall Street Analysts See a 25.04% Upside in Brookfield Business Partners (BBU): Can the Stock Really Move This High?

Core Viewpoint - Brookfield Business Partners L.P. (BBU) shows potential for upside based on analysts' price targets and earnings estimate revisions, with a mean price target of $29.46 indicating a 25$23.56 [1][12] Price Targets - The average price target for BBU is $29.46, with a range from$22.40 to $35, and a standard deviation of$5.39, indicating variability in analysts' estimates [2] - The lowest estimate suggests a decline of 4.9%, while the highest indicates a potential upside of 48.6% [2] Analyst Sentiment - Analysts show strong agreement on BBU's ability to report better earnings, with a positive trend in earnings estimate revisions correlating with potential stock price increases [4][9] - The Zacks Consensus Estimate for the current year has increased by 20.3% over the past month, with two estimates rising and no negative revisions [10] Zacks Rank - BBU holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [11] Caution on Price Targets - While price targets are a common tool for investors, they should be approached with skepticism as they may not accurately predict stock price movements [5][8]