Yesterday, an analyst has provided a rating update for Brookfield Asset Management Ltd. Class A (BAM – Research Report). RBC Capital’s analyst Geoffrey Kwan reiterates their Buy rating on the shares, with a $43.00 price target.
According to TipRanks.com, Kwan is a 4-star analyst with an average return of 4.5% and a 53.3% success rate. Kwan covers the Financial sector, focusing on stocks such as Equitable Group, IGM Financial, and CI Financial.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Brookfield Asset Management Ltd. Class A with a C$49.77 average price target.
The company has a one-year high of C$48.19 and a one-year low of C$36.65. Currently, Brookfield Asset Management Ltd. Class A has an average volume of 884.6K.
Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a leading global alternative asset management business. It offers 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.
The company’s shares closed last Wednesday at C$42.49.
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