Zacks Rating on Brookfield Asset Management Inc (BAM)

Brookfield Asset Management Inc (BAM) : The consensus on Brookfield Asset Management Inc (BAM) based on 4 analyst recommendation on the company stock is 1.5, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future.

Brookfield Asset Management Inc (BAM) : The highest short term price target forecast on Brookfield Asset Management Inc (BAM) is $41 and the lowest target price is $37. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $39.44 with a standard deviation of $1.85.


Brookfield Asset Management Inc. has lost 0.77% in the last five trading days and dropped 0.2% in the last 4 weeks. Brookfield Asset Management Inc. is up 0.5% in the last 3-month period. Year-to-Date the stock performance stands at 12.38%. Brookfield Asset Management Inc (NYSE:BAM): stock turned positive on Tuesday. Though the stock opened at $34.62, the bulls momentum made the stock top out at $34.85 level for the day. The stock recorded a low of $34.56 and closed the trading day at $34.6, in the green by 0.38%. The total traded volume for the day was 616,966. The stock had closed at $34.47 in the previous days trading.

Brookfield Asset Management Inc. (Brookfield) is a global alternative asset manager. The Company owns and operates assets with a focus on property, renewable energy, infrastructure and private equity. The Company operates in eight segments: Asset Management, property, renewable energy, infrastructure, private equity, residential development, service activities and corporate activities. Brookfield manages a range of investment funds and other entities that enable institutional and retail clients to invest in these assets. These products include publicly listed partnerships that are listed on stock exchanges, as well as private institutional partnerships that are available to accredited investors, typically pension funds, endowments and other institutional investors. The Company also manages portfolios of listed securities through a series of segregated accounts and mutual funds.

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