Brookfield Asset Management (TSE:BAM) Raised to "Strong-Buy" at National Bank Financial

Key Points

• Brookfield Asset Management has been upgraded to a "strong-buy" rating by analysts at National Bank Financial, indicating increased investor confidence.
• UBS Group has lowered its price target for Brookfield's shares from C$96.00 to C$90.00, reflecting a cautious outlook despite the upgrade from National Bank.
• The company has a market capitalization of C$101.55 billion and recent trading showed a notable range, with a 1-year low of C$52.46 and a high of C$90.24.

National Bank Financial upgraded shares of Brookfield Asset Management (TSE:BAM - Free Report) NYSE: BAM to a strong-buy rating in a research report sent to investors on Monday,Zacks.com reports. National Bank Financial also issued estimates for Brookfield Asset Management's Q2 2025 earnings at $0.55 EPS, Q3 2025 earnings at $0.57 EPS, Q4 2025 earnings at $0.59 EPS, FY2025 earnings at $2.24 EPS and FY2026 earnings at $2.49 EPS.

Separately, UBS Group cut their price objective on shares of Brookfield Asset Management from C$96.00 to C$90.00 in a research report on Thursday, May 1st. One analyst has rated the stock with a sell rating, two have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Brookfield Asset Management currently has a consensus rating of "Buy" and an average price target of C$79.00.

Brookfield Asset Management Price Performance

BAM traded down C$2.92 on Monday, hitting C$82.52. The company had a trading volume of 785,557 shares, compared to its average volume of 1,317,298. The stock has a fifty day simple moving average of C$78.46 and a 200-day simple moving average of C$76.80. Brookfield Asset Management has a 52-week low of C$52.46 and a 52-week high of C$90.24. The firm has a market capitalization of C$96.88 billion and a P/E ratio of 28.39.

Insider Buying and Selling

In other Brookfield Asset Management news, Director Nicholas Howard Goodman sold 4,500 shares of the firm's stock in a transaction on Friday, May 9th. The shares were sold at an average price of C$79.05, for a total value of C$355,721.85. 14.10% of the stock is owned by insiders.

Brookfield Asset Management Company Profile

Brookfield Corp, formerly Brookfield Asset Management Inc owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations.