Brookfield Asset Management Inc (BAM.A) Given New C$49.50 Price Target at Citigroup Inc.
Brookfield Asset Management Inc (TSE:BAM.A) (NYSE:BAM) had its price target decreased by Citigroup Inc. from C$50.00 to C$49.50 in a research report issued on Monday. Citigroup Inc.’s price target would indicate a potential downside of 7.53% from the stock’s current price.
Several other brokerages also recently commented on BAM.A. Scotiabank raised their target price on Brookfield Asset Management to C$58.00 and gave the stock an “outperform” rating in a research note on Friday. Royal Bank Of Canada raised their target price on Brookfield Asset Management to C$57.00 and gave the stock an “outperform” rating in a research note on Friday.
Shares of Brookfield Asset Management (BAM.A) traded up C$0.19 during trading on Monday, hitting C$53.53. The stock had a trading volume of 359,748 shares, compared to its average volume of 619,321. Brookfield Asset Management has a 1 year low of C$43.03 and a 1 year high of C$54.43.
Brookfield Asset Management Company Profile
Brookfield Asset Management Inc is an alternative asset manager. The Company operates in eight segments. The Asset Management segment manages its listed partnerships, private funds and public markets on behalf of its clients. The Property segment includes the ownership, operation and development of office, retail and other properties.
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