In a latest note to investors, a research analyst has provided a rating update for the Brookfield Asset Management Ltd. Class A (BAM – Research Report). The NA sector company, Brookfield Asset Management Ltd. Class A (TSX: BAM) has received a rating update from a Wall Street analyst today.
According to TipRanks.com, Blostein is a 5-star analyst with an average return of 9.7% and a 56.9% success rate. Blostein covers the Financial sector, focusing on stocks such as Bank of New York Mellon Corporation, Intercontinental Exchange, and Apollo Global Management.
The word on The Street in general, suggests a Hold analyst consensus rating for Brookfield Asset Management Ltd. Class A with a C$51.66 average price target.
Brookfield Asset Management Ltd. Class A’s market cap is currently C$16.61B and has a P/E ratio of 6.61.
Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a leading global alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.
The company’s shares closed last Monday at C$40.26.
Read More on TSE:BAM:
- Brookfield appoints Sir Ron Kalifa as head of financial infrastructure
- Brookfield Announces Appointment of Sir Ron Kalifa as Vice Chair and Head of Financial Infrastructure
- Brookfield Asset price target lowered to $34 from $35 at Deutsche Bank
- Brookfield Asset Management price target lowered to $37 from $42 at BofA
- Brookfield Asset Management initiated with a Buy at HSBC
