Brookfield Asset Management Ltd. (TSE:BAM - Get Free Report) NYSE: BAM's share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$77.07 and traded as high as C$78.60. Brookfield Asset Management shares last traded at C$77.02, with a volume of 1,052,598 shares trading hands.
Analyst Ratings Changes
BAM has been the topic of a number of research analyst reports. Hsbc Global Res upgraded Brookfield Asset Management from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 14th. Royal Bank of Canada set a C$68.00 price objective on Brookfield Asset Management and gave the company an "outperform" rating in a report on Monday, March 17th. Finally, UBS Group lowered their price objective on Brookfield Asset Management from C$96.00 to C$90.00 in a report on Thursday, May 1st.
Read Our Latest Analysis on Brookfield Asset Management
Brookfield Asset Management Stock Performance
The stock has a market capitalization of C$89.23 billion and a price-to-earnings ratio of 26.15. The firm has a fifty day moving average of C$72.97 and a 200-day moving average of C$77.06.
Insider Activity
In other Brookfield Asset Management news, Director Nicholas Howard Goodman sold 4,500 shares of the firm's stock in a transaction that occurred 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. Company insiders own 14.10% of the company's stock.
Brookfield Asset Management Company Profile
(
Get Free Report)
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.
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