Shares of Brookfield Asset Management have moved 1.8% today, and are now trading at a price of $46.52. In contrast, the S&P 500 index saw a -0.0% change and the Dow Industrial Average posted a -0.6% performance. Today's trading volume is 662,745 compared to the stock's average volume of 2,394,139.
Brookfield Asset Management is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients. Based in Toronto, Canada the company has 180,000 full time employees and a market cap of $73,220,153,344. Brookfield Asset Management currently offers its equity investors a dividend that yields 1.2% per year.
The company is now trading -21.75% away from its average analyst target price of $59.45 per share. The 11 analysts following the stock have set target prices ranging from $43 to $73, and on average give Brookfield Asset Management a rating of buy.
Over the last year, BAM shares have gone down by -20.6%, which represents a difference of -8.2% when compared to the S&P 500. The stock's 52 week high is $62.47 per share and its 52 week low is $36.93. With its gross margins declining an average -1.3% over the last four years, Brookfield Asset Management may not have a strong enough business to reverse this trend.
