Brookfield Asset Management Ltd. Class A (BAM) Receives a Buy from RBC Capital
RBC Capital analyst Bart Dziarski maintained a Buy rating on Brookfield Asset Management Ltd. Class A yesterday and set a price target of $74.00. The company’s shares closed yesterday at C$65.65.
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According to TipRanks, Dziarski is a 2-star analyst with an average return of 0.9% and a 37.84% success rate. Dziarski covers the Financial sector, focusing on stocks such as Brookfield Corporation, Sprott, and Brookfield Asset Management Ltd. Class A.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Brookfield Asset Management Ltd. Class A with a $64.56 average price target.
Based on Brookfield Asset Management Ltd. Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$1.24 billion and a net profit of C$715.97 million. In comparison, last year the company earned a revenue of C$170 million and had a net profit of C$129 million
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is neutral on the stock.
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