Analyst Rating Update on Brookfield Asset Management Inc (BAM)

Brookfield Asset Management Inc (BAM) has an average broker rating of 1.5, which is interpreted as a Strong Buy, as rated by 4 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Brookfield Asset Management Inc (BAM) : The most positive equity analysts on Brookfield Asset Management Inc (BAM) expects the shares to touch $41, whereas, the least positive believes that the stock will trade at $37 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $39.44 with an expected fluctuation of $1.85 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.


Brookfield Asset Management Inc (NYSE:BAM): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.69 and $33.66 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.17, notching a gain of 1.61% for the day. The total traded volume was 771,285 . The stock had closed at $33.63 on the previous day.

Brookfield Asset Management Inc. (Brookfield) is a global alternative asset manager. The Company owns and operates assets with a focus on property, renewable energy, infrastructure and private equity. The Company operates in eight segments: Asset Management, property, renewable energy, infrastructure, private equity, residential development, service activities and corporate activities. Brookfield manages a range of investment funds and other entities that enable institutional and retail clients to invest in these assets. These products include publicly listed partnerships that are listed on stock exchanges, as well as private institutional partnerships that are available to accredited investors, typically pension funds, endowments and other institutional investors. The Company also manages portfolios of listed securities through a series of segregated accounts and mutual funds.

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