Scotiabank Sticks to Their Buy Rating for Brookfield Asset Management Ltd. Class A (BAM)
In a report released today, Mario Saric from Scotiabank maintained a Buy rating on Brookfield Asset Management Ltd. Class A, with a price target of $57.00.
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
Saric covers the Real Estate sector, focusing on stocks such as First Capital Realty, SmartCentres Real Estate Investment Trust, and Killam Apartment REIT Un. According to TipRanks, Saric has an average return of 12.7% and a 66.97% success rate on recommended stocks.
In addition to Scotiabank, Brookfield Asset Management Ltd. Class A also received a Buy from RBC Capital’s Bart Dziarski in a report issued today. However, on May 6, J.P. Morgan maintained a Hold 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
- Brookfield Asset Management Earnings Call Highlights Growth
- Brookfield Asset Management Shareholders Back Board and Governance
- Brookfield Asset Management reports Q1 EPS 43c, consensus 42c
- Brookfield Asset Management price target lowered to $60 from $72 at JPMorgan
- Brookfield Asset Management Acquires Peakstone to Expand Logistics
