The leading market experts have placed a mean price target of $40.44 on Brookfield Asset Management Inc (NYSE:BAM) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.24 a share for the upcoming quarter and $0.93 for the current fiscal.
The technical analysis of Brookfield Asset Management Inc plainly substantiates that the 50-day moving average of Brookfield Asset Management Inc is $34.57, and stock is trading $-0.24 points away or -0.68% from its 50-day moving average of $34.57. Further it is trading $0.87 or +2.61% away its 200-day moving average of $33.46. Brookfield Asset Management Inc (NYSE:BAM) 52-week high is $35.63 and the 52-week low is $25.72.
This explains if the stock moves $-1.30, it will post a 52-week high. In event of +33.48% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Brookfield Asset Management Inc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Brookfield Asset Management Inc (NYSE:BAM) ratio came in at 26.55.
The stock last ended the trading session at $34.33 and registered a market cap of $32.92B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Brookfield Asset Management Inc (NYSE:BAM) PEG ratio is at -2.96.
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