Brokerage Firm Rating Update on Brookfield Asset Management Inc (BAM)

Brookfield Asset Management Inc (BAM) : 2 brokerage houses believe that Brookfield Asset Management Inc (BAM) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 4 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.

Brookfield Asset Management Inc (BAM) : The highest level Brookfield Asset Management Inc (BAM) is projected to reach is $41 for the short term and the lowest estimate is at $37. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $39.44 and the possibility the share price can swing is $1.85.


For the current week, the company shares have a recommendation consensus of Buy.

Brookfield Asset Management Inc (NYSE:BAM): stock was range-bound between the intraday low of $34.025 and the intraday high of $34.41 after having opened at $34.27 on Wednesdays session. The stock finally closed in the red at $34.27, a loss of -0.18%. The stock remained in the red for the whole trading day. The total traded volume was 764,454 shares. The stock failed to cross $34.41 in Wednesdays trading. The stocks closing price on Thursday was $34.25.

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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