12:25 PM EST, 11/13/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lower our target by CAD28 to CAD72 on a more conservative equity risk premium and a forward P/E of 17.1x vs. the five-year historical average at 18.2x. BN's financial results are reported in USD. We lower our 2025 distributed earnings to USD2.50 from USD3.85 and 2026's to USD3.00 from USD4.50 as we overestimated the monetization of investments that impact earnings. Our projected 2025/2026 revenue is USD76.1B/USD83.0B, respectively. We think BN is well positioned for the next phase of growth across all lines of business. BN ended Q3 2025 with USD178B in deployable capital and USD74B of cash, financial assets, and undrawn credit lines, plus USD104B of uncalled private fund commitments. Wealth Solutions continued its standout performance but is a fairly small business for the company. BN announced strategic partnerships for next-generation power and AI initiatives. During the quarter, BN returned USD180M to shareholders via regular dividends and share repurchases, with YTD repurchases exceeding USD950M.