Brookfield Asset Administration (NYSE:BAM – Get Free Report) (TSE:BAM.A) had its goal value upped by TD Securities from $50.00 to $61.00 in a analysis word issued to buyers on Tuesday, BayStreet.CA reviews. The agency at the moment has a “purchase” score on the monetary providers supplier’s inventory. TD Securities’ value goal signifies a possible upside of 13.38% from the inventory’s earlier shut.
A number of different brokerages additionally lately commented on BAM. Wells Fargo & Firm raised their value goal on Brookfield Asset Administration from $42.00 to $48.00 and gave the inventory an “underweight” score in a analysis word on Wednesday, October ninth. Scotiabank dropped their value goal on Brookfield Asset Administration from $46.00 to $45.50 and set a “sector outperform” score on the inventory in a analysis report on Thursday, August eighth. StockNews.com minimize Brookfield Asset Administration from a “maintain” score to a “promote” score in a report on Wednesday, August seventh. Jefferies Monetary Group initiated protection on Brookfield Asset Administration in a analysis word on Friday, August 2nd. They set a “maintain” score and a $43.00 goal value for the corporate. Lastly, The Goldman Sachs Group lifted their value goal on shares of Brookfield Asset Administration from $47.00 to $52.00 and gave the corporate a “purchase” score in a analysis word on Monday, September thirtieth. Two analysts have rated the inventory with a promote score, 5 have issued a maintain score and 5 have given a purchase score to the corporate’s inventory. In keeping with knowledge from MarketBeat.com, Brookfield Asset Administration has a consensus score of “Maintain” and a consensus value goal of $48.32.
Get Our Newest Inventory Evaluation on Brookfield Asset Administration
Brookfield Asset Administration Buying and selling Up 0.5 %
Brookfield Asset Administration inventory opened at $53.80 on Tuesday. The agency has a market capitalization of $23.87 billion, a P/E ratio of 49.81, a PEG ratio of two.26 and a beta of 1.56. The enterprise has a 50-day shifting common of $46.43 and a 200-day shifting common of $41.98. Brookfield Asset Administration has a 1 yr low of $28.35 and a 1 yr excessive of $54.20.
Brookfield Asset Administration (NYSE:BAM – Get Free Report) (TSE:BAM.A) final issued its quarterly earnings knowledge on Friday, August ninth. The monetary providers supplier reported $0.34 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $0.35 by ($0.01). The agency had income of $916.00 million for the quarter, in comparison with analyst estimates of $1.16 billion. Brookfield Asset Administration had a web margin of 51.29% and a return on fairness of 92.37%. Throughout the identical quarter within the prior yr, the agency posted $0.28 EPS. Analysis analysts anticipate that Brookfield Asset Administration will put up 1.43 EPS for the present fiscal yr.
Hedge Funds Weigh In On Brookfield Asset Administration
Hedge funds have lately modified their holdings of the inventory. Radnor Capital Administration LLC purchased a brand new stake in Brookfield Asset Administration through the third quarter price about $430,000. Marks Group Wealth Administration Inc raised its stake in shares of Brookfield Asset Administration by 3.9% through the third quarter. Marks Group Wealth Administration Inc now owns 171,680 shares of the monetary providers supplier’s inventory price $8,119,000 after buying an extra 6,421 shares within the final quarter. Heritage Buyers Administration Corp acquired a brand new stake in shares of Brookfield Asset Administration within the third quarter valued at roughly $234,000. River Highway Asset Administration LLC boosted its holdings in shares of Brookfield Asset Administration by 23.5% within the third quarter. River Highway Asset Administration LLC now owns 182,478 shares of the monetary providers supplier’s inventory valued at $8,629,000 after shopping for an extra 34,726 shares over the last quarter. Lastly, Intact Funding Administration Inc. grew its stake in shares of Brookfield Asset Administration by 82.8% within the third quarter. Intact Funding Administration Inc. now owns 231,740 shares of the monetary providers supplier’s inventory valued at $10,957,000 after shopping for an extra 104,980 shares within the final quarter. Institutional buyers personal 68.41% of the corporate’s inventory.
Brookfield Asset Administration Firm Profile
Brookfield Asset Administration Ltd. is an actual property funding agency specializing in different asset administration providers. Its renewable energy and transition enterprise contains the operates within the hydroelectric, wind, photo voltaic, distributed technology, and sustainable answer sector. The corporate’s infrastructure enterprise engages within the utilities, transport, midstream, and knowledge infrastructure sectors.
Really useful Tales
Obtain Information & Rankings for Brookfield Asset Administration Day by day – Enter your e-mail deal with beneath to obtain a concise each day abstract of the most recent information and analysts’ rankings for Brookfield Asset Administration and associated firms with MarketBeat.com’s FREE each day e-mail publication.
