Brookfield Asset Management Inc. (BAM) is set to bring smile on the investors face as Analysts sets mean Target price of $54.98 – Invest Chronicle
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Brookfield Asset Management Inc. (BAM) is set to bring smile on the investors face as Analysts sets mean Target price of $54.98

At the end of the latest market close, Brookfield Asset Management Inc. (BAM) was valued at $49.55. In that particular session, Stock kicked-off at the price of $49.90 while reaching the peak value of $49.965 and lowest value recorded on the day was $49.285. The stock current value is $49.88.

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Recently in News on June 8, 2021, Brookfield Announces Record Date for Special Dividend and Creation of Brookfield Asset Management Reinsurance Partners Ltd.. Brookfield Asset Management Inc. (“Brookfield”) (TSX: BAM.A; NYSE: BAM) today announced that it has set June 18, 2021 as the record date for the previously announced special dividend of shares of Brookfield Asset Management Reinsurance Partners Ltd. (“Brookfield Reinsurance”). You can read further details here


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Brookfield Asset Management Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $50.75 on 06/01/21, with the lowest value was $37.92 for the same time period, recorded on 01/15/21.

Brookfield Asset Management Inc. (BAM) full year performance was 35.73%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Brookfield Asset Management Inc. shares are logging -1.71% during the 52-week period from high price, and 71.47% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $29.09 and $50.75.

The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 1996969 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Brookfield Asset Management Inc. (BAM) recorded performance in the market was 20.86%, having the revenues showcasing 15.46% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 75.23B, as it employees total of 150000 workers.

Specialists analysis on Brookfield Asset Management Inc. (BAM)

During the last month, 0 analysts gave the Brookfield Asset Management Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 44.59, with a change in the price was noted +11.14. In a similar fashion, Brookfield Asset Management Inc. posted a movement of +28.76% for the period of last 100 days, recording 2,475,825 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BAM is recording 4.51 at the time of this writing. In addition, long term Debt to Equity ratio is set at 4.51.

Trends and Technical analysis: Brookfield Asset Management Inc. (BAM)

Raw Stochastic average of Brookfield Asset Management Inc. in the period of last 50 days is set at 87.19%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 84.74%. In the last 20 days, the company’s Stochastic %K was 84.26% and its Stochastic %D was recorded 86.31%.

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Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 20.86%. Additionally, trading for the stock in the period of the last six months notably improved by 19.36%, alongside a boost of 35.73% for the period of the last 12 months. The shares increased approximately by -0.24% in the 7-day charts and went down by 8.88% in the period of the last 30 days. Common stock shares were driven by 15.46% during last recorded quarter.

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