Brookfield Asset Management Ltd [NYSE: BAM] stock went on a downward path that fall over -3.98% on Thursday, amounting to a one-week price decrease of less than -9.30%.
Over the last 12 months, BAM stock rose by 8.90%. The one-year Brookfield Asset Management Ltd stock forecast points to a potential upside of 23.02. The average equity rating for BAM stock is currently 2.44, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $74.69 billion, with 1.64 billion shares outstanding and 1.33 billion shares in the current float. Compared to the average trading volume of 1.49M shares, BAM stock reached a trading volume of 3674449 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Brookfield Asset Management Ltd [BAM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BAM shares is $59.26 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BAM stock is a recommendation set at 2.44. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
HSBC Securities have made an estimate for Brookfield Asset Management Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 14, 2025. While these analysts kept the previous recommendation, UBS raised their target price to Buy. The new note on the price target was released on December 16, 2024, representing the official price target for Brookfield Asset Management Ltd stock. Previously, the target price had yet another raise to $43, while Jefferies analysts kept a Hold rating on BAM stock. On May 15, 2024, analysts increased their price target for BAM shares from 38 to 41.
The Average True Range (ATR) for Brookfield Asset Management Ltd is set at 2.08, with the Price to Sales ratio for BAM stock in the period of the last 12 months amounting to 143.08. The Price to Book ratio for the last quarter was 5.95, with the Price to Cash per share for the same quarter was set at 0.01. Price to Free Cash Flow for BAM in the course of the last twelve months was 117.78.
BAM Stock Performance Analysis:
Brookfield Asset Management Ltd [BAM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.30. With this latest performance, BAM shares dropped by -18.02% in over the last four-week period, additionally plugging by 6.79% over the last 6 months – not to mention a rise of 8.90% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BAM stock in for the last two-week period is set at 26.08, with the RSI for the last a single of trading hit 21.11, and the three-weeks RSI is set at 30.51 for Brookfield Asset Management Ltd [BAM]. The present Moving Average for the last 50 days of trading for this stock 55.73, while it was recorded at 47.07 for the last single week of trading, and 48.70 for the last 200 days.
BAM Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BAM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Brookfield Asset Management Ltd go to 16.23%.
Brookfield Asset Management Ltd [BAM] Institutonal Ownership Details
There are presently around $89.96%, or 93.48%% of BAM stock, in the hands of institutional investors. The top three institutional holders of BAM stocks are: PARTNERS VALUE INVESTMENTS LP with ownership of 30.81 million shares, which is approximately 7.4535%. CAPITAL WORLD INVESTORS, holding 23.75 million shares of the stock with an approximate value of $$903.65 million in BAM stocks shares; and CAPITAL WORLD INVESTORS, currently with $$620.33 million in BAM stock with ownership which is approximately 5.4538%.
