Brookfield Asset Management (BAM) Stock Forecast & Price Target

$53.06

-0.73 (-1.36%)

(As of 10/31/2024 ET)

Brookfield Asset Management - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 11 Analyst Ratings

Sell
1

Hold
5

Buy
5

Based on 11 Wall Street analysts who have issued ratings for Brookfield Asset Management in the last 12 months, the stock has a consensus rating of "Hold." Out of the 11 analysts, 1 has given a sell rating, 5 have given a hold rating, and 5 have given a buy rating for BAM.

Consensus Price Target

$48.32
-8.95% Downside

According to the 11 analysts' twelve-month price targets for Brookfield Asset Management, the average price target is $48.32. The highest price target for BAM is $61.00, while the lowest price target for BAM is $40.00. The average price target represents a forecasted downside of -8.95% from the current price of $53.07.

BAM Analyst Ratings Over Time

Type	Current Forecast 11/2/23 to 11/1/24	1 Month Ago 10/3/23 to 10/2/24	3 Months Ago 8/4/23 to 8/3/24	1 Year Ago 11/2/22 to 11/2/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)	6 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$48.32	$44.19	$42.58	$37.32
Forecasted Upside	-8.95% Downside	-7.39% Downside	4.47% Upside	20.19% Upside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

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BAM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BAM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Brookfield Asset Management Stock vs. The Competition

Type	Brookfield Asset Management	Finance Companies	S&P 500
Consensus Rating Score	2.36	2.48	2.50
Consensus Rating	Hold	Hold	Hold
Predicted Upside	-8.95% Downside	15.83% Upside	10.65% Upside
News Sentiment Rating	Positive News See Recent BAM News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/30/2024	Scotiabank 5 of 5 stars		Boost Target	Sector Outperform ➝ Outperform	$45.50 ➝ $55.50	+3.33%
10/29/2024	TD Securities 4 of 5 stars		Boost Target	Buy	$50.00 ➝ $61.00	+14.53%
10/9/2024	Wells Fargo & Company 3 of 5 stars	M. Brown Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$42.00 ➝ $48.00	+1.74%
9/30/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$47.00 ➝ $52.00	+10.12%
9/12/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$41.00 ➝ $45.00	+1.86%
9/11/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$37.00 ➝ $40.00	-6.39%
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8/8/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$42.00 ➝ $41.00	+4.03%
8/8/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$43.00 ➝ $44.00	+11.65%
8/2/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$43.00	+2.45%
7/19/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperformer ➝ Outperformer	$47.00 ➝ $49.00	+18.21%
4/29/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$50.00 ➝ $53.00	+32.50%
2/1/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
10/11/2023	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underperform	$33.00 ➝ $31.00	-6.15%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 01:26 AM ET.

BAM Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Brookfield Asset Management is $48.32, with a high forecast of $61.00 and a low forecast of $40.00.
: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Asset Management in the last twelve months. There is currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BAM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BAM, but not buy additional shares or sell existing shares.
: According to analysts, Brookfield Asset Management's stock has a predicted downside of -8.95% based on their 12-month stock forecasts.
: Brookfield Asset Management has been rated by research analysts at Bank of America, BMO Capital Markets, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Scotiabank, TD Securities, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Brookfield Asset Management less than other "finance" companies. The consensus rating score for Brookfield Asset Management is 2.36 while the average consensus rating score for "finance" companies is 2.48. Learn more on how BAM compares to other companies.

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This page (NYSE:BAM) was last updated on 11/1/2024 by MarketBeat.com Staff

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Brookfield Asset Management (BAM) Stock Forecast & Price Target