A report released today by Royal Bank Of Canada about Brookfield Asset Management Inc (NYSE:BAM) raises the target price to $41.00
- Updated: September 24, 2016
Royal Bank Of Canada upped the price target of Brookfield Asset Management Inc (NYSE:BAM) to $41.00 indicating a potential upside of 0.22%.
Only yesterday Brookfield Asset Management Inc (NYSE:BAM) traded -0.51% lower at $33.72. The company’s 50-day moving average is $34.11 and its 200-day moving average is $33.79. With the last stock price close down 3.38% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 970,207 shares of BAM traded, up from an average trading volume of 767,653
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Brookfield Asset Management Inc has a 52 week low of $25.72 and a 52 week high of $35.63 with a price-earnings ratio of 27.01 Brookfield Asset Management Inc’s market capitalization is presently $0.
More About Brookfield Asset Management Inc (NYSE:BAM)
Brookfield Asset Management Inc. is an alternative asset manager. The Company operates in eight segments. The Asset Management segment manages its listed partnerships, private funds and public markets on behalf of its clients. The Property segment includes the ownership, operation and development of office, retail and other properties. The Renewable power segment operates and develops hydroelectric, wind power and other generating facilities. The Infrastructure segment includes the ownership, operation and development of utilities and agricultural operations, among others. The Residential development segment includes homebuilding, condominium development and land development. The Service activities segment includes construction management and contracting services and property services. The Private equity segment includes the investments and operations overseen by its private equity group. The Corporate activities segment includes the allocation of capital to its operating platforms.
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