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Brookfield Asset Management (TSE:BAM) PT Set at C$68.00 by Royal Bank of Canada

Brookfield Asset Management logo with Financial Services background
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Brookfield Asset Management (TSE:BAM - Get Free Report) NYSE: BAM has been assigned a C$68.00 price target by analysts at Royal Bank of Canada in a research note issued to investors on Monday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. Royal Bank of Canada's target price would indicate a potential downside of 1.62% from the company's current price.

Several other equities analysts also recently weighed in on BAM. UBS Group reiterated a "buy" rating on shares of Brookfield Asset Management in a research report on Monday, December 16th. Hsbc Global Res upgraded Brookfield Asset Management from a "hold" rating to a "strong-buy" rating in a report on Friday, February 14th.

Check Out Our Latest Analysis on BAM

Brookfield Asset Management Stock Down 0.4 %

Shares of BAM traded down C$0.27 during trading hours on Monday, reaching C$69.12. 16,389 shares of the company traded hands, compared to its average volume of 1,137,437. The stock has a market capitalization of C$81.15 billion and a PE ratio of 23.78. Brookfield Asset Management has a fifty-two week low of C$51.14 and a fifty-two week high of C$90.24. The stock has a fifty day simple moving average of C$79.61 and a 200 day simple moving average of C$73.61.

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.

Further Reading

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