Brookfield Asset Management Ltd. Class A (BAM) Receives a Hold from Piper Sandler

In a report released today, Crispin Love from Piper Sandler maintained a Hold rating on Brookfield Asset Management Ltd. Class A, with a price target of $53.00.

Claim 30% Off TipRanks Premium

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential

According to TipRanks, Love is a 4-star analyst with an average return of 4.9% and a 49.30% success rate. Love covers the Financial sector, focusing on stocks such as PennyMac Financial, Blue Owl Capital, and Newtek Business.

Brookfield Asset Management Ltd. Class A has an analyst consensus of Moderate Buy, with a price target consensus of $64.18.

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

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BAM in relation to earlier this year.