Brookfield Residential Aids Altadena Rebuilding; Seven Families to Move into New Homes by 2026
Written by Emily J. Thompson, Senior Investment Analyst
Source: PRnewswire
Updated: 1 hour ago
0mins
Source: PRnewswire
- Rebuilding Initiative Launched: Brookfield Residential collaborates with seven Altadena families to commence trenching in February 2026, with rebuilds expected to be completed by fall 2026, marking a significant step in restoring the La Viña community.
- Cost and Time Efficiency: The coordinated rebuilding efforts through the Builders Alliance will enable families to benefit from reduced construction costs and expedited timelines, ensuring a swift return to their homes post-Eaton Fire.
- Digital Platform Innovation: Brookfield Residential has introduced the Builders Alliance digital portal, featuring over 40 home designs that assist families in selecting suitable rebuilding options based on personal preferences and budgets, significantly shortening the rebuilding process.
- Community Support and Transparency: Throughout the rebuilding process, Brookfield Residential maintains transparency and actively listens to families' needs and feedback, demonstrating a strong commitment and responsibility towards the La Viña community.
BN.N$0.0000%Past 6 months

No Data
Analyst Views on BN
Wall Street analysts forecast BN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BN is 51.98 USD with a low forecast of 39.84 USD and a high forecast of 59.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast BN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BN is 51.98 USD with a low forecast of 39.84 USD and a high forecast of 59.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 46.720

Current: 46.720

TD Securities
Cherilyn Radbourne
maintain
$57 -> $59
Reason
TD Securities
Cherilyn Radbourne
TD Securities analyst Cherilyn Radbourne raised the firm's price target on Brookfield Corp. to $59 from $57 and keeps a Buy rating on the shares. The firm attributes the post-earnings selloff following the Q3 beat to the down day in the market. The firm believes Brookfield is extending its lead in artificial intelligence infrastructure renewables.
NULL -> Outperformer
maintain
$52
Reason
NULL -> Outperformer
Reason
CIBC raised the firm's price target on Brookfield Corp. to $52 from $50.67 and keeps an Outperformer rating on the shares. The company reported inline Q3 results and continues to deliver as expected, the analyst tells investors in a research note.
Goldman Sachs initiated coverage of Brookfield Corp. with a Buy rating and $78 price target, which offers 20% upside. The firm says the company combines the "scale and stability" of a diversified balance sheet of assets with the expertise from its 73%-ownership in Brookfield Asset Management. Brookfield Corp. is a capital compounder undergoing a "significant step-up" in excess capital generation, resulting in faster book value growth, the analyst tells investors in a research note.
NULL -> Overweight
maintain
$70 -> $73
Reason
JPMorgan raised the firm's price target on Brookfield Corp. to $73 from $70 and keeps an Overweight rating on the shares post the Q2 report. The firm assigns the shares a higher multiple, saying it is looking past lighter individual quarter contributions from certain businesses to focus more on the company's long-term growth.
About BN
Brookfield Corporation is a Canada-based global investment firm focused on building long-term wealth for institutions and individuals around the world. The Company has three core businesses: Alternative Asset Management, Wealth Solutions, and its Operating Businesses, which are in renewable power, infrastructure, business and industrial services, and real estate. Its Asset Management business includes managing long-term private funds, perpetual strategies and liquid strategies on behalf of its investors and itself. The Company's Wealth Solutions business includes its equity accounted interest in Brookfield Wealth Solutions Ltd. Its renewable power and transition business includes the ownership, operation and development of hydroelectric, wind, utility-scale solar power generating assets, distributed energy, and sustainable solutions. The Company’s infrastructure business includes the ownership, operation and development of utilities, transport, midstream, and data assets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.