Goldman Sachs Initiates Brookfield Corporation (BN) With a Buy
Group 1 - Brookfield Corporation (NYSE:BN) is recognized as one of the best TSX stocks to buy, with a Buy rating initiated by Goldman Sachs and a price target of C$92 [1] - The company has a large and diverse asset portfolio, including real estate, infrastructure, and renewable energy, which reduces risk and supports growth [2] - Brookfield Corporation is expected to generate increasing excess capital in the coming years, driving growth in book value and improving returns on equity [2] Group 2 - Cash flow from the Real Estate segment is forecasted to grow, along with performance fees and insurance income, presenting an opportunity to buy undervalued shares with strong growth potential [3]