BBU (BBU) Now Covered by Credit Suisse Group AG
Investment analysts at Credit Suisse Group AG assumed coverage on shares of BBU (NYSE:BBU) in a report issued on Wednesday. The firm set an “outperform” rating and a $29.00 price target on the stock. Credit Suisse Group AG’s price objective points to a potential upside of 20.88% from the company’s previous close.
BBU (NYSE:BBU) opened at 23.99 on Wednesday. BBU has a 12-month low of $18.01 and a 12-month high of $31.02. The firm has a 50-day moving average of $24.16 and a 200-day moving average of $22.70. The firm has a market cap of $2.21 billion and a P/E ratio of 10.66.
The company also recently declared a dividend, which will be paid on Saturday, December 31st. Investors of record on Wednesday, November 30th will be paid a $0.063 dividend. The ex-dividend date is Monday, November 28th.
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