JPMorgan Chase & Co. Boosts Brookfield Asset Management (NYSE:BAM) Price Target to $72.00

Brookfield Asset Management (NYSE:BAMGet Free Report) (TSE:BAM.A) had its price objective lifted by equities research analysts at JPMorgan Chase & Co. from $68.00 to $72.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 47.98% from the stock’s previous close.

A number of other analysts also recently weighed in on BAM. Wall Street Zen upgraded Brookfield Asset Management from a “sell” rating to a “hold” rating in a report on Saturday, January 10th. Loop Capital set a $60.00 price objective on Brookfield Asset Management in a research report on Tuesday, January 6th. Keefe, Bruyette & Woods cut their price objective on Brookfield Asset Management from $62.00 to $59.00 and set an “underperform” rating on the stock in a research note on Monday, November 10th. UBS Group set a $58.00 price target on shares of Brookfield Asset Management and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Finally, The Goldman Sachs Group decreased their price objective on shares of Brookfield Asset Management from $67.00 to $60.00 and set a “buy” rating for the company in a research report on Tuesday, January 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Brookfield Asset Management has a consensus rating of “Moderate Buy” and an average target price of $64.33.

View Our Latest Research Report on BAM

Brookfield Asset Management Trading Down 2.1%

Shares of NYSE:BAM traded down $1.03 during midday trading on Thursday, hitting $48.65. 6,235,179 shares of the stock were exchanged, compared to its average volume of 2,937,642. The business’s 50-day moving average price is $52.54 and its 200 day moving average price is $55.74. Brookfield Asset Management has a 12 month low of $41.78 and a 12 month high of $64.10. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a market capitalization of $79.69 billion, a price-to-earnings ratio of 30.41, a P/E/G ratio of 2.01 and a beta of 1.40.

Brookfield Asset Management (NYSE:BAMGet Free Report) (TSE:BAM.A) last posted its earnings results on Wednesday, February 4th. The financial services provider reported $0.47 EPS for the quarter, topping the consensus estimate of $0.41 by $0.06. Brookfield Asset Management had a net margin of 58.25% and a return on equity of 33.77%. The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.40 billion. Analysts predict that Brookfield Asset Management will post 1.7 earnings per share for the current year.

Institutional Investors Weigh In On Brookfield Asset Management

Institutional investors have recently bought and sold shares of the stock. PDS Planning Inc boosted its stake in shares of Brookfield Asset Management by 4.8% in the 3rd quarter. PDS Planning Inc now owns 4,054 shares of the financial services provider’s stock worth $231,000 after buying an additional 184 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of Brookfield Asset Management by 1.4% in the third quarter. Truist Financial Corp now owns 13,240 shares of the financial services provider’s stock worth $754,000 after buying an additional 187 shares in the last quarter. GoalVest Advisory LLC grew its position in shares of Brookfield Asset Management by 9.5% during the 2nd quarter. GoalVest Advisory LLC now owns 2,180 shares of the financial services provider’s stock valued at $121,000 after purchasing an additional 190 shares in the last quarter. Focus Financial Network Inc. increased its holdings in shares of Brookfield Asset Management by 4.6% in the fourth quarter. Focus Financial Network Inc. now owns 4,436 shares of the financial services provider’s stock worth $232,000 after purchasing an additional 194 shares during the period. Finally, Yousif Capital Management LLC raised its position in shares of Brookfield Asset Management by 2.1% in the third quarter. Yousif Capital Management LLC now owns 11,010 shares of the financial services provider’s stock worth $627,000 after buying an additional 226 shares in the last quarter. Institutional investors own 68.41% of the company’s stock.

More Brookfield Asset Management News

Here are the key news stories impacting Brookfield Asset Management this week:

  • Positive Sentiment: Record results and large fundraising: BAM reported record 2025 results — $35B raised in Q4 and $112B for the year, fee-related earnings +28% YoY and distributable earnings +18% YoY; board approved a 15% dividend increase. GlobeNewswire Release
  • Positive Sentiment: Quarterly earnings beat: BAM reported EPS of $0.47 (beat consensus) and strong FRE/DE metrics that support the dividend raise and fee-bearing capital growth. Zacks Article
  • Positive Sentiment: Analyst upgrade: BMO Capital upgraded BAM to Outperform, which can support upside sentiment and institutional buying. Investing.com Article
  • Positive Sentiment: Business growth initiatives: BAM launched/seeded a large AI infrastructure program and continued deal activity (US real estate and solar expansions), supporting long-term fee-bearing capital growth. Yahoo Finance
  • Neutral Sentiment: CEO succession: Connor Teskey was named BAM CEO while Bruce Flatt stays on as Chair (and remains CEO of the parent). Markets view this as orderly succession/continuity, but leadership changes can take time to fully assess. WSJ
  • Negative Sentiment: Regulatory/litigation risk on an acquisition: Kahn Swick & Foti is investigating BAM’s proposed purchase of Peakstone Realty Trust, which could slow or complicate that transaction and create headline risk. Business Wire
  • Negative Sentiment: Accounting/earnings nuance and higher borrowings: while FRE and DE rose, reported net income for the quarter fell vs. prior year and corporate borrowings increased (new senior notes and $2.5B corporate borrowings disclosed), which may raise short-term investor caution on leverage and comparability. GlobeNewswire Release

Brookfield Asset Management Company Profile

(Get Free Report)

Brookfield Asset Management is a global alternative asset manager headquartered in Toronto, Canada, that specializes in investments in real assets and related private equity and credit strategies. The firm acquires, manages and develops assets in sectors such as real estate, renewable power, infrastructure and private equity, seeking long-term value through active asset management and operational improvements. Brookfield structures and manages commingled funds, listed partnerships and separate accounts for institutional and retail investors.

The company’s products and services include fund management across equity and debt strategies, direct asset ownership and operations, property and facilities management, and capital markets solutions.

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Analyst Recommendations for Brookfield Asset Management (NYSE:BAM)

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