Sohrab Movahedi, analyst at BMO Capital, reiterates coverage on Brookfield Asset Mng (BAM) in the Financial sector with a Buy rating. TipRanks.com has Movahedi rated as a 3.5 star analyst with a 10% return on investment and a 60% success rate. Movahedi has set a price target of $48.70 .
TipRanks.com reports that BAM currently has 7 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $59.34 . The target pricing ranges from a high forecast of $71.00 down to a low forecast of $48.70 .
BAM’s last closing price was $56.76 which would put the average price target at 4.55% upside.
In addition, TradingView issued a Buy rating for BAM over the next month.
Remember, securities are volatile, so please do your own research on BAM.
Other analysts covering BAM include:
- Geoffrey Kwan of RBC Capital issued a buy rate with the price target of $65 on August 11th
- Cherilyn Radbourne of TD Securities issued a buy rate with the price target of $71 on August 11th
- William Katz of Citigroup issued a buy rate with the price target of $68 on August 10th
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