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Scotiabank Reaffirms Their Buy Rating on Brookfield Asset Management Ltd. Class A (BAM)

Today, an analyst has provided a rating update for Brookfield Asset Management Ltd. Class A (BAMResearch Report). Analyst Mario Saric from Scotiabank remains bullish on the stock and has a $36.50 price target.

According to TipRanks.com, Saric is a 5-star analyst with an average return of 10.9% and a 63.0% success rate. Saric covers the NA sector, focusing on stocks such as Allied Properties Real Estate Investment Trust, NorthWest Healthcare Properties REIT, and Dream Office Real Estate Investment.

The word on The Street in general, suggests a Hold analyst consensus rating for Brookfield Asset Management Ltd. Class A with a C$51.16 average price target.

The company has a one-year high of C$48.93 and a one-year low of C$36.65. Currently, Brookfield Asset Management Ltd. Class A has an average volume of 773.5K.

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 Tuesday at C$39.75.

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