Brookfield Asset Management (BAM) to Release Quarterly Earnings on Wednesday

Brookfield Asset Management (NYSE:BAM - Get Free Report) TSE: BAM.A is expected to be issuing its quarterly earnings data before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.39 per share and revenue of $1.27 billion for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

Brookfield Asset Management Stock Up 0.0 %

Shares of Brookfield Asset Management stock traded up $0.02 on Friday, hitting $57.91. The stock had a trading volume of 2,027,731 shares, compared to its average volume of 1,329,742. Brookfield Asset Management has a one year low of $37.29 and a one year high of $62.61. The stock's 50-day simple moving average is $56.48 and its two-hundred day simple moving average is $50.53. The stock has a market cap of $25.66 billion, a price-to-earnings ratio of 51.25, a PEG ratio of 2.18 and a beta of 1.46.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on BAM shares. Wells Fargo & Company cut their price target on shares of Brookfield Asset Management from $56.00 to $55.00 and set an "underweight" rating on the stock in a report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft raised their target price on Brookfield Asset Management from $56.00 to $59.00 and gave the stock a "buy" rating in a research note on Monday, November 11th. Scotiabank upped their price target on Brookfield Asset Management from $59.50 to $63.00 and gave the company a "sector outperform" rating in a research report on Monday, February 3rd. Keefe, Bruyette & Woods cut their price objective on Brookfield Asset Management from $57.00 to $56.00 and set an "underperform" rating on the stock in a research report on Monday, January 13th. Finally, StockNews.com downgraded Brookfield Asset Management from a "hold" rating to a "sell" rating in a report on Thursday, January 9th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $56.42.

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.