Brookfield Asset Management Ltd. (TSE:BAM) Stock Has Average Target Price of C$75.00

Shares of Brookfield Asset Management Ltd. (TSE:BAM) (NYSE:BAM) have earned a consensus recommendation of “Buy” from the five ratings firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$75.00.

Separately, Wells Fargo & Company upgraded Brookfield Asset Management to a “strong-buy” rating in a research report on Friday, October 2nd.

Brookfield Asset Management Stock Performance

TSE BAM opened at C$67.47 on Wednesday. The company has a market capitalization of C$107.77 billion, a price-to-earnings ratio of 38.78, a price-to-earnings-growth ratio of 0.43 and a beta of 1.54. The company has a debt-to-equity ratio of 54.43, a quick ratio of 0.95 and a current ratio of 2.97. Brookfield Asset Management has a one year low of C$58.09 and a one year high of C$77.99. The company’s 50-day simple moving average is C$66.13 and its two-hundred day simple moving average is C$66.39.

Brookfield Asset Management Company Profile

Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across infrastructure, energy, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world – including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.