Featured Stock Overview: Brookfield Asset Management Inc (NYSE:BAM)

Brookfield Asset Management Inc (NYSE:BAM)

BMO Capital Initiates Coverage On Brookfield Asset Management Inc (NYSE:BAM)’s stock to Outperform with the price target of $54. This rating was issued on 9/20/18. The stock recently closed its previous session at $41.5 by showing a percentage change of -1.66% from its previous day closing price of $42.2.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Brookfield Asset Management Inc (NYSE:BAM) in which RBC Capital Maintains Brookfield Asset Management Inc (NYSE:BAM) to Outperform by settling a price target of $47 on 8/10/18. Citigroup Maintains the stock to Buy on 11/10/17 by stationing a price target of $49.5. Citigroup Maintains the company’s stock to Buy on 8/15/17 by setting a price target of $48. RBC Capital Downgrades Brookfield Asset Management Inc (NYSE:BAM) to Outperform with a price target of $41.

Brookfield Asset Management Inc (NYSE:BAM) currently has a consensus Price Target of $51.94. While some analysts have a High Price target for the stock of $56 and a Low Price Target of $44.

Several sell side analysts reviewed their recommendations on Brookfield Asset Management Inc (NYSE:BAM) where 1 analyst have rated the stock as Strong Buy, 6 analysts said it’s a Buy, 1 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1.5. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Brookfield Asset Management Inc (NYSE:BAM) reported its Actual EPS of $0.62/share. The analysts offering Earnings Estimates for the company were believing that Brookfield Asset Management Inc (NYSE:BAM) could bring EPS of $0.04/share. The difference between Actual EPS and Estimated EPS was 0.58 Percent. Thus the company showed an Earnings Surprise of 1450 Percent.

Brookfield Asset Management Inc (NYSE:BAM) has a market capitalization of 39.72 Billion. The stock traded with the volume of 2.56 Million shares in the last trading session. The stock touched its high share price of $45.04 on 10/01/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 02/06/18 as $37.22. The company has a 1 Year high price target of $51.94. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -4.85%. The Moving Average SMA50 is -3.85% while SMA200 is 0.71%.

Brookfield Asset Management Inc (NYSE:BAM) is currently showing its ROA (Return on Assets) of 1.3%. The Return on Investment (ROI) is at 4.3% while it’s Return on Equity (ROE) value stands at 10.8%. The stock currently shows its YTD (Year to Date) performance of -4.69 percent while its Weekly performance value is -4.79%. The Monthly and Yearly performances are -1.38 percent and -2.47 percent respectively. The Relative Volume value measured for Brookfield Asset Management Inc (NYSE:BAM) is 2.91. The Average Volume (3 months) is 879.54 Million.

The stock currently has its Annual Dividend of $0.6 and an annual Dividend Yield of 1.45 Percent. BAM has P/E (Price to Earnings ttm) value of 15.67, Forward P/E of 22.48, P/C (Price to cash per share) of 7.01 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of 14.5 percent.

Company Profile:

Brookfield Asset Management Inc. is an asset manager. Focused on property, power and infrastructure assets, the company has assets under management and is co-listed on the New York and Toronto Stock Exchanges under the symbol BAM. At Brookfield they continually strive to ensure that they have sound corporate governance practices to maintain investor confidence in the way in which they do business. To ensure it communicates with there practices and commitment to strong corporate governance, they are proud to share with its Statement of Corporate Governance, Corporate Disclosure Policy, Code of Business Conduct and Ethics and other related information on its corporate governance initiatives and practices.