Brookfield Asset Management (NYSE:BAM) Now Covered by Analysts at National Bank Financial

Key Points

• Analysts at National Bank Financial have initiated coverage of Brookfield Asset Management (NYSE:BAM) with an "outperform" rating and a price target of $71.00, indicating a potential upside of 12.91% from its current price.
• Multiple research firms have recently issued varying ratings for BAM, with a consensus rating of "Moderate Buy" and an average target price of $61.00.
• Brookfield Asset Management reported $0.40 earnings per share for its last quarter, meeting analysts' expectations, despite revenue falling short of projections at $1.04 billion.

Stock analysts at National Bank Financial began coverage on shares of Brookfield Asset Management (NYSE:BAM - Get Free Report) TSE: BAM.A in a research note issued to investors on Tuesday, Marketbeat.com reports. The firm set an "outperform" rating and a $71.00 price target on the financial services provider's stock. National Bank Financial's target price points to a potential upside of 18.71% from the stock's previous close. National Bank Financial also issued estimates for Brookfield Asset Management's Q2 2025 earnings at $0.40 EPS, Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.43 EPS, FY2025 earnings at $1.63 EPS and FY2026 earnings at $1.81 EPS.

A number of other equities analysts also recently commented on the stock. Wells Fargo & Company increased their price objective on shares of Brookfield Asset Management from $55.00 to $57.00 and gave the stock an "underweight" rating in a research note on Friday, July 11th. Bank of America raised Brookfield Asset Management from a "neutral" rating to a "buy" rating and set a $65.00 price target for the company in a research note on Thursday, April 10th. JPMorgan Chase & Co. upped their price target on shares of Brookfield Asset Management from $51.00 to $55.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Wall Street Zen upgraded Brookfield Asset Management from a "sell" rating to a "hold" rating in a report on Tuesday, April 15th. Finally, Piper Sandler began coverage on shares of Brookfield Asset Management in a research note on Monday, June 30th. They issued a "neutral" rating and a $60.00 price target for the company. Two analysts have rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $62.06.

Brookfield Asset Management Trading Down 3.0%

Brookfield Asset Management stock traded down $1.86 during mid-day trading on Tuesday, hitting $59.81. The stock had a trading volume of 2,106,115 shares, compared to its average volume of 2,110,746. Brookfield Asset Management has a 12 month low of $38.18 and a 12 month high of $63.53. The stock has a market capitalization of $97.94 billion, a PE ratio of 42.42, a P/E/G ratio of 2.39 and a beta of 1.43. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.07. The stock has a 50-day simple moving average of $57.20 and a two-hundred day simple moving average of $54.80.

Brookfield Asset Management (NYSE:BAM - Get Free Report) TSE: BAM.A last released its quarterly earnings data on Tuesday, May 6th. The financial services provider reported $0.40 earnings per share for the quarter, hitting the consensus estimate of $0.40. Brookfield Asset Management had a net margin of 55.26% and a return on equity of 52.70%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.29 billion. As a group, sell-side analysts forecast that Brookfield Asset Management will post 1.7 EPS for the current year.

Institutional Trading of Brookfield Asset Management

Hedge funds and other institutional investors have recently bought and sold shares of the stock. FMR LLC grew its holdings in Brookfield Asset Management by 2.3% during the 4th quarter. FMR LLC now owns 19,646,285 shares of the financial services provider's stock valued at $1,064,983,000 after buying an additional 447,642 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Brookfield Asset Management by 1.8% during the first quarter. Vanguard Group Inc. now owns 17,204,794 shares of the financial services provider's stock worth $832,833,000 after purchasing an additional 302,852 shares during the last quarter. Capital International Investors lifted its holdings in Brookfield Asset Management by 0.7% during the 4th quarter. Capital International Investors now owns 16,116,518 shares of the financial services provider's stock valued at $873,354,000 after buying an additional 116,008 shares in the last quarter. TD Asset Management Inc boosted its position in Brookfield Asset Management by 1.6% in the 2nd quarter. TD Asset Management Inc now owns 15,589,384 shares of the financial services provider's stock valued at $861,101,000 after buying an additional 250,068 shares during the period. Finally, FIL Ltd grew its stake in Brookfield Asset Management by 3.9% in the 4th quarter. FIL Ltd now owns 15,369,816 shares of the financial services provider's stock worth $833,581,000 after acquiring an additional 574,978 shares in the last quarter. Hedge funds and other institutional investors own 68.41% of the company's stock.

Brookfield Asset Management Company Profile

Brookfield Asset Management Ltd. is a real estate investment firm specializing in alternative asset management services. Its renewable power and transition business includes the operates in the hydroelectric, wind, solar, distributed generation, and sustainable solution sector. The company's infrastructure business engages in the utilities, transport, midstream, and data infrastructure sectors.