Brookfield Asset Management (TSE:BAM - Get Free Report) NYSE: BAM has been given a C$68.00 target price by Royal Bank of Canada in a note issued to investors on Monday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. Royal Bank of Canada's price target would suggest a potential downside of 2.52% from the company's previous close.
BAM has been the subject of several other reports. Hsbc Global Res upgraded shares of Brookfield Asset Management from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 14th. UBS Group reiterated a "buy" rating on shares of Brookfield Asset Management in a research note on Monday, December 16th.
Read Our Latest Report on Brookfield Asset Management
Brookfield Asset Management Trading Down 1.2 %
TSE BAM traded down C$0.82 during trading on Monday, hitting C$69.76. The company had a trading volume of 710,419 shares, compared to its average volume of 1,150,328. Brookfield Asset Management has a one year low of C$51.14 and a one year high of C$90.24. The company has a market cap of C$81.90 billion and a price-to-earnings ratio of 24.00. The company's fifty day moving average is C$79.25 and its 200-day moving average is C$73.57.
About Brookfield Asset Management
(
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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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