Brookfield Asset Management Inc. (BAM)
NYSE: BAM · IEX Real-Time Price · USD
41.10
-0.36 (-0.87%)
At close: Jul 19, 2024, 4:00 PM
42.49
+1.39 (3.38%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
BAM Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for BAM stock have an average target of 43.31, with a low estimate of 36 and a high estimate of 50. The average target predicts an increase of 5.38% from the current stock price of 41.10.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for BAM stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 3 | 2 | 2 | 3 |
| Hold | 3 | 3 | 3 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 8 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Buy Maintains $47 → $49 | Buy | Maintains | $47 → $49 | +19.22% | Jul 19, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Initiates $38 → $41 | Buy → Hold | Initiates | $38 → $41 | -0.24% | May 15, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $47 → $45 | Buy | Maintains | $47 → $45 | +8.27% | May 9, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $47 → $47 | Buy | Maintains | $47 → $47 | +14.36% | Feb 8, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $34 → $36 | Hold | Maintains | $34 → $36 | -12.41% | Feb 8, 2024 |
Financial Forecast
Revenue This Year
4.87B
from 4.06B
Increased by 19.92%
Revenue Next Year
5.70B
from 4.87B
Increased by 17.10%
EPS This Year
1.48
EPS Next Year
1.76
from 1.48
Increased by 19.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.2B | 6.2B | 6.7B |
| Avg | 4.9B | 5.7B | 6.5B |
| Low | 4.7B | 5.2B | 6.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 27.2% | 27.2% | 18.3% |
| Avg | 19.9% | 17.1% | 13.8% |
| Low | 15.3% | 7.3% | 10.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.64 | 2.06 | 2.26 |
| Avg | 1.48 | 1.76 | 1.99 |
| Low | 1.36 | 1.57 | 1.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 39.4% | 28.2% |
| Avg | - | 19.3% | 13.1% |
| Low | - | 6.2% | 1.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.