J.P. Morgan Remains a Hold on Brookfield Asset Management Ltd. Class A (BAM)
In a report released today, Ken Worthington from J.P. Morgan maintained a Hold rating on Brookfield Asset Management Ltd. Class A, with a price target of $60.00.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Worthington covers the Financial sector, focusing on stocks such as Invesco, Robinhood, and Intercontinental Exchange. According to TipRanks, Worthington has an average return of 1.9% and a 48.47% success rate on recommended stocks.
In addition to J.P. Morgan, Brookfield Asset Management Ltd. Class A also received a Hold from Morgan Stanley’s Michael Cyprys in a report issued on April 21. However, on May 4, Scotiabank maintained a Buy rating on Brookfield Asset Management Ltd. Class A (TSX: BAM).
Based on Brookfield Asset Management Ltd. Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$1.24 billion and a net profit of C$568.61 million. In comparison, last year the company earned a revenue of C$120 million and had a net profit of C$186 million
Read More on TSE:BAM:
Disclaimer & DisclosureReport an Issue
- BAM Upcoming Earnings Report: What to Expect?
- Brookfield Asset price target lowered to $69 from $75 at TD Securities
- Brookfield Asset Management price target lowered to $62 from $63 at Morgan Stanley
- Brookfield Asset Management Completes $1 Billion Senior Notes Offering
- Brookfield Asset Management Announces US$1 Billion Senior Notes Offering
