Today, an analyst has provided a rating update for Brookfield Asset Management Ltd. Class A (BAM – Research Report). Analyst Alexander Blostein from Goldman Sachs remains bullish on the stock and has a $39.00 price target.
According to TipRanks.com, Blostein is a 5-star analyst with an average return of 10.0% and a 56.8% 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 Moderate Buy analyst consensus rating for Brookfield Asset Management Ltd. Class A with a C$50.91 average price target, which is a 18.4% upside from current levels. In a report issued on October 23, RBC Capital also maintained a Buy rating on the stock with a $41.00 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 785.7K.
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 Friday at C$43.30.
Read More on TSE:BAM:
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- BAM Upcoming Earnings Report: What to Expect?
- Cushman no longer handling office listings for Brookfield, Bloomberg reports
- Brookfield fires Cushman from handling U.S. listings, Bloomberg says
- Brookfield Asset raises $6B for global infrastructure debt investments
