Brookfield Asset Management (BAM) Upgraded to B- at TheStreet
Brookfield Asset Management (NYSE:BAM) (TSE:BAM.A) was upgraded by stock analysts at TheStreet from a “c+” rating to a “b-” rating in a research report issued to clients and investors on Thursday.
A number of other analysts also recently issued reports on BAM. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Brookfield Asset Management in a research note on Thursday, September 28th. ValuEngine cut Brookfield Asset Management from a “buy” rating to a “hold” rating in a report on Saturday, September 30th. Canaccord Genuity reiterated a “buy” rating and issued a $47.00 target price on shares of Brookfield Asset Management in a report on Monday, October 2nd. Scotiabank lifted their target price on Brookfield Asset Management from $42.75 to $56.00 and gave the stock an “outperform” rating in a report on Wednesday, October 11th. Finally, Citigroup dropped their target price on Brookfield Asset Management from $50.00 to $49.50 and set a “buy” rating for the company in a report on Friday, November 10th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $47.00.
Shares of Brookfield Asset Management (BAM) opened at $43.54 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.29 and a debt-to-equity ratio of 0.92. Brookfield Asset Management has a 12 month low of $32.83 and a 12 month high of $44.33. The stock has a market capitalization of $41,838.39, a P/E ratio of 96.76 and a beta of 1.04.
TRADEMARK VIOLATION WARNING: “Brookfield Asset Management (BAM) Upgraded to B- at TheStreet” was first reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another domain, it was copied illegally and reposted in violation of international copyright & trademark laws. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2017/12/30/brookfield-asset-management-bam-upgraded-to-b-at-thestreet.html.
Brookfield Asset Management Company Profile
Brookfield Asset Management Inc is an alternative asset manager. The Company operates in eight segments. The Asset Management segment manages its listed partnerships, private funds and public markets on behalf of its clients. The Property segment includes the ownership, operation and development of office, retail and other properties.
Receive News & Ratings for Brookfield Asset Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Asset Management and related companies with MarketBeat.com's FREE daily email newsletter.