Brookfield Asset Management Inc (TSE:BAM.A) (NYSE:BAM) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$50.37 and traded as high as C$57.28. Brookfield Asset Management shares last traded at C$56.59, with a volume of 1,010,517 shares.
Several research firms have recently commented on BAM.A. Royal Bank of Canada lifted their price target on shares of Brookfield Asset Management to C$55.00 and gave the company an “outperform” rating in a report on Tuesday, February 16th. Raymond James lifted their price target on shares of Brookfield Asset Management to C$65.00 and gave the company an “outperform” rating in a report on Tuesday, February 16th. Finally, TD Securities lifted their price target on shares of Brookfield Asset Management to C$63.00 and gave the company an “action list buy” rating in a report on Tuesday, February 16th.
The company has a current ratio of 1.40, a quick ratio of 0.59 and a debt-to-equity ratio of 129.54. The business’s fifty day moving average is C$54.93 and its 200 day moving average is C$50.43. The firm has a market capitalization of C$85.93 billion and a P/E ratio of -475.75.
Brookfield Asset Management Company Profile (TSE:BAM.A)
Brookfield Asset Management Inc is a publicly owned asset management holding company. The firm specializes in early stage, acquisition, distressed investments, short-term financing to mid-market companies, corporate carve-outs, recapitalizations, convertible, senior and mezzanine financings, operational and capital structure restructuring, strategic re-direction, turnaround, and under-performing midmarket companies.
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