A share price of Brookfield Asset Management Ltd [BAM] is currently trading at $51.03, down -1.01%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BAM shares have gain 3.87% over the last week, with a monthly amount glided 8.92%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Brookfield Asset Management Ltd [NYSE: BAM] stock has seen the most recent analyst activity on August 02, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $43. On February 01, 2024, downgrade downgraded it’s rating to Hold. Deutsche Bank upgraded its rating to a Buy. HSBC Securities initiated its recommendation with a Buy and recommended $39 as its price target on October 06, 2023. BofA Securities started tracking with a Neutral rating for this stock on September 07, 2023, and assigned it a price target of $40.
Brookfield Asset Management Ltd experienced fluctuations in its stock price throughout the past year between $28.35 and $51.66. Currently, Wall Street analysts expect the stock to reach $40.57 within the next 12 months. Brookfield Asset Management Ltd [NYSE: BAM] shares were valued at $51.03 at the most recent close of the market. An investor can expect a potential drop of -20.5% based on the average BAM price forecast.
Analyzing the BAM fundamentals
Trailing Twelve Months sales for Brookfield Asset Management Ltd [NYSE:BAM] were 390.00M which represents 2.13% growth. Gross Profit Margin for this corporation currently stands at 0.84% with Operating Profit Margin at 0.57%, Pretax Profit Margin comes in at 0.65%, and Net Profit Margin reading is 0.56%. To continue investigating profitability, this company’s Return on Assets is posted at 0.3, Equity is 0.3 and Total Capital is 0.39. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 50.72 points at the first support level, and at 50.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.53, and for the 2nd resistance point, it is at 52.03.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 54.81, the price to book ratio is 6.62 and price to earnings (TTM) ratio is 46.12.
