Brookfield Asset Management Ltd. (TSE:BAM) Stock Has Consensus Price Target of C$75.00

Key Points

• Brookfield Asset Management has a consensus “Buy” rating from five analysts: two rate it a buy, two a strong buy, and one a hold.
• Analysts’ average 12-month price target is C$75.00, compared with the stock’s reported opening price of C$65.73.
• Wells Fargo recently upgraded the company to a “strong-buy” rating, while Brookfield reported more than $1 trillion in assets under management across multiple alternative-asset strategies.

Shares of Brookfield Asset Management Ltd. (TSE:BAM - Get Free Report) NYSE: BAM have been given a consensus rating of "Buy" by the five research firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation, two have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$75.00.

Separately, Wells Fargo & Company raised Brookfield Asset Management to a "strong-buy" rating in a report on Friday, October 2nd.

Brookfield Asset Management Stock Performance

TSE:BAM opened at C$65.73 on Wednesday. The stock has a market capitalization of C$104.99 billion, a P/E ratio of 37.78, a price-to-earnings-growth ratio of 0.43 and a beta of 1.54. The company has a current ratio of 2.97, a quick ratio of 0.95 and a debt-to-equity ratio of 54.43. Brookfield Asset Management has a 1 year low of C$58.09 and a 1 year high of C$78.77. The firm has a 50 day moving average of C$66.41 and a 200-day moving average of C$66.51.

Brookfield Asset Management Company Profile

Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across infrastructure, energy, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer 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.

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