RBC Capital Sticks to Their Buy Rating for Brookfield Asset Management Ltd. Class A (BAM)
RBC Capital analyst Bart Dziarski maintained a Buy rating on Brookfield Asset Management Ltd. Class A yesterday. The company’s shares closed yesterday at C$66.82.
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Dziarski covers the Financial sector, focusing on stocks such as Carlyle Group, Fairfax Financial Holdings, and TPG. According to TipRanks, Dziarski has an average return of -0.8% and a 47.37% success rate on recommended stocks.
Currently, the analyst consensus on Brookfield Asset Management Ltd. Class A is a Moderate Buy with an average price target of C$81.31, representing a 21.69% upside. In a report released yesterday, Scotiabank also maintained a Buy rating on the stock with a $57.00 price target.
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
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