Brookfield Asset Management Ltd. (TSE:BAM - Get Free Report) NYSE: BAM hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$89.91 and last traded at C$88.83, with a volume of 154972 shares trading hands. The stock had previously closed at C$88.51.
Analysts Set New Price Targets
Separately, UBS Group reissued a "buy" rating on shares of Brookfield Asset Management in a report on Monday, December 16th.
Read Our Latest Report on BAM
Brookfield Asset Management Stock Down 2.5 %
The business has a 50-day simple moving average of C$80.55 and a two-hundred day simple moving average of C$68.60. The company has a quick ratio of 0.95, a current ratio of 0.85 and a debt-to-equity ratio of 6.32. The company has a market cap of C$35.53 billion and a price-to-earnings ratio of 56.55.
Brookfield Asset Management (TSE:BAM - Get Free Report) NYSE: BAM last announced its quarterly earnings data on Monday, November 4th. The company reported C$0.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.49 by C$0.03. During the same quarter last year, the company earned $0.47 EPS. As a group, equities analysts forecast that Brookfield Asset Management Ltd. will post 2.5564428 earnings per share for the current fiscal year.
Insider Transactions at Brookfield Asset Management
In other news, Director Justin B. Beber sold 25,000 shares of Brookfield Asset Management stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of C$83.87, for a total transaction of C$2,096,630.00. Corporate insiders own 14.10% of the company's stock.
About Brookfield Asset Management
(
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.
Read More
Before you consider Brookfield Asset Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brookfield Asset Management wasn't on the list.
While Brookfield Asset Management currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
