Economy

New Analyst Ratings On Brookfield Asset Management Inc (NYSE:BAM)

The share last price represents downtick move of -2.17% in value from company's 52-Week high price and shows 22.41% above change in value from its 52-Week low price. The company has market cap of $13.56 billion. About 125,820 shares traded.

Brookfield Asset Management Inc.is a global alternative asset manager with over US$250 billion in assets under management. It has underperformed by 2.72% the S&P500. Brookfield offers a range of public and private investment products and services, and is co-listed on the New York, Toronto and Euronext stock exchanges under the symbol BAM, BAM.A and BAMA, respectively. Markel Corp now owns 5,254,821 shares of the financial services provider's stock worth $191,591,000 after acquiring an additional 106,000 shares in the last quarter. The company has market cap of $270.92 million. The stock rose 0.58% or $0.51 reaching $88.98. Over the last three months, the shares of the company have changed 2.40% and performed 6.46% over the last six months. It has underperformed by 6.07% the S&P500.

Investors and Traders continue to monitor technical levels of shares of Brookfield Asset Management Inc. Therefore 100% are positive. Citigroup Inc. increased their target price on shares of Brookfield Asset Management from $45.00 to $48.00 and gave the company a "buy" rating in a research note on Tuesday, August 15th. As per Friday, February 10, the company rating was downgraded by RBC Capital Markets. The company has a market capitalization of $38.02 billion, a price-to-earnings ratio of 30.77 and a beta of 1.03.

Brookfield Asset Management Inc (NYSE:BAM) traded down 0.76% on Wednesday, reaching $39.36. The stock of Brookfield Asset Management Inc (NYSE:BAM) earned "Buy" rating by Citigroup on Tuesday, August 15. Wood initiated Brookfield Asset Management Inc (NYSE:BAM) rating on Tuesday, May 24. Finally, Scotiabank increased their price target on Brookfield Asset Management from $41.75 to $42.50 and gave the stock an "outperform" rating in a research report on Wednesday, August 9th. Analysts rating the company a 4 or 5 indicate a Sell recommendation. The firm has "Neutral" rating by Suntrust Robinson given on Monday, August 29.

05/22/2014 - Brookfield Asset Management Inc had its "top pick" rating reiterated by analysts at Desjardins. RBC Capital Markets has "Top Pick" rating and $40 target. Brookfield Asset Management Inc (NYSE:BAM) has risen 13.98% since September 13, 2016 and is uptrending.

Investors sentiment increased to 1.22 in Q4 2016. Its down 0.05, from 1.03 in 2016Q3. It improved, as 51 investors sold DFS shares while 284 reduced holdings. 50 funds opened positions while 146 raised stakes. Cleararc has 0.12% invested in Discover Financial Services (NYSE:DFS). Toronto Dominion Comml Bank holds 74,690 shares.

BAM has been the subject of several recent research reports. Allsquare Wealth Mngmt Limited Liability invested 0.09% of its portfolio in AbbVie Inc (NYSE:ABBV). Utah Retirement reported 296,405 shares or 0.47% of all its holdings. Mark Sheptoff Financial Planning has 1.99% invested in AbbVie Inc (NYSE:ABBV). Loomis Sayles Lp reported 20,348 shares. Proshare Advsrs Ltd Llc reported 0.73% stake. Airain holds 1.4% or 277,550 shares in its portfolio.

The First Bancshares, Inc.is a bank holding firm for The First, A National Banking Association.

Analysts await AbbVie Inc (NYSE:ABBV) to report earnings on October, 27. During the same period in the previous year, the business earned $0.15 earnings per share. FBMS's profit will be $4.03M for 16.82 P/E if the $0.44 EPS becomes a reality.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. More interesting news about AbbVie Inc (NYSE:ABBV) were released by: Fool.com and their article: "The case for GlaxoSmithKline" published on September 08, 2017 as well as Seekingalpha.com's news article titled: "Market Finally Realizing AbbVie's Value" with publication date: September 13, 2017.

Among 12 analysts covering CMS Energy Corporation (NYSE:CMS), 3 have Buy rating, 0 Sell and 9 Hold. Therefore 42% are positive. Abbvie Inc had 49 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, August 17 the stock rating was upgraded by Zacks to "Sell". Wood has "Outperform" rating and $41 target.

05/24/2016 - Keefe, Bruyette & Woods began new coverage on Brookfield Asset Management Inc giving the company a "outperform" rating. BMO Capital Markets maintained it with "Buy" rating and $4800 target in Friday, July 28 report. The rating was upgraded by IBC to "Sector Outperform" on Friday, October 16. The stock has "Neutral" rating by SunTrust on Monday, September 26.



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