Brookfield Asset Management Ltd. Class A (BAM) Gets a Hold from Deutsche Bank
In a report released today, Brian Bedell from Deutsche Bank maintained a Hold rating on Brookfield Asset Management Ltd. Class A, with a price target of $50.00.
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According to TipRanks, Bedell is a 5-star analyst with an average return of 18.6% and a 62.12% success rate. Bedell covers the Financial sector, focusing on stocks such as Robinhood, Coinbase Global, and Cboe Global Markets.
In addition to Deutsche Bank , Brookfield Asset Management Ltd. Class A also received a Hold from UBS’s Michael Brown in a report issued today. However, on the same day, BMO Capital 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 March 31, the company reported a quarterly revenue of C$1.34 billion and a net profit of C$617 million. In comparison, last year the company earned a revenue of C$1.08 billion and had a net profit of C$581 million
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BAM in relation to earlier this year.
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- Brookfield Asset Management price target raised to $50 from $48 at Deutsche Bank
- Brookfield Asset Management price target raised to $55 from $48 at UBS
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