Brookfield Asset Management Inc which can be found using ticker (BAM) now have 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 47 and 21 calculating the mean target price we have $36.09. Given that the stocks previous close was at $33.52 this indicates there is a potential upside of 7.7%. It’s also worth noting that there is a 50 day moving average of $32.94 while the 200 day moving average is $31.90. The total market capitalization for the company now stands at $13,301m. Company Website: https://www.brookfield.com
The potential market cap would be $14,320m based on the market consensus.
Brookfield Asset Management Ltd. provides alternative asset management services. Its renewable power and transition business includes the ownership, operation, and development of hydroelectric, wind, solar, and energy transition power generating assets. The company’s infrastructure business engages in the ownership, operation, and development of utilities, transport, midstream, data and sustainable resource assets. In addition, its private equity business offers business, infrastructure, and industrials services; and real estate business, which includes core investments, and transitional and development investments. Further, the company engages in the residential development business including homebuilding, and condominium and land development. Brookfield Asset Management Ltd. was incorporated in 2022 and is headquartered in Toronto, Canada.
The company has a dividend yield of 3.82% with the ex dividend date set at 27-2-2023 (DMY).
Other points of data to note are a P/E ratio of 669.8, revenue per share of 9.16 and a 8.21% return on assets.
