Brookfield Business Partners LP (TSE:BBU.UN) hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$56.39 and last traded at C$56.31, with a volume of 3688 shares trading hands. The stock had previously closed at C$55.58.
Separately, National Bank Financial raised their price target on shares of Brookfield Business Partners from C$45.00 to C$47.00 and gave the company an “outperform” rating in a report on Friday, December 20th.
The company has a quick ratio of 0.80, a current ratio of 1.20 and a debt-to-equity ratio of 272.36. The firm has a market cap of $4.50 billion and a PE ratio of 50.49. The firm’s fifty day simple moving average is C$54.46 and its two-hundred day simple moving average is C$51.38.
Brookfield Business Partners L.P. is a private equity firm specializes in acquisition. The firm typically invests in business services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments. Brookfield Business Partners L.P.
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