Impact of Brokerage Rating on Brookfield Asset Management Inc(BAM)

Many Brookfield Asset Management Inc(BAM) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Downgraded by RBC Capital Mkts on Feb 10, 2017 to Outperform, Raises Price Target to $ 41 from a previous price target of $40 .Brookfield Asset Management Inc was Initiated by Citigroup to Buy on Jan 19, 2017.

Brookfield Asset Management Inc Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.31. Analyst had a consensus of $0.51. The company had revenue of $6935.00 million for the quarter, compared to analysts expectations of $4778.09 million. The companys revenue was up 25.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.97 EPS.

Brookfield Asset Management Inc (NYSE:BAM): The mean estimate for the short term price target for Brookfield Asset Management Inc (NYSE:BAM) stands at $39.58 according to 3 Analysts. The higher price target estimate for the stock has been calculated at $41 while the lower price target estimate is at $37.

Brookfield Asset Management Inc (NYSE:BAM) witnessed a decline in the market cap on Tuesday as its shares dropped 0.05% or 0.02 points. After the session commenced at $36.83, the stock reached the higher end at $36.9 while it hit a low of $36.26. With the volume soaring to 1,124,666 shares, the last trade was called at $36.8. The company has a 52-week high of $37.23. The company has a market cap of $35,301 million and there are 959,260,580 shares in outstanding. The 52-week low of the share price is $28.197308.

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.


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