Brookfield Asset Management Inc. (BAM)
NYSE: BAM · IEX Real-Time Price · USD
39.18
-0.41 (-1.04%)
Apr 24, 2024, 4:00 PM EDT - Market closed
BAM Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for BAM stock have an average target of 43.17, with a low estimate of 36 and a high estimate of 50. The average target predicts an increase of 10.18% from the current stock price of 39.18.
Analyst Consensus: Buy
* Price targets were last updated on Feb 8, 2024.
Analyst Ratings
The average analyst rating for BAM stock from 7 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 3 | 3 | 2 |
| Hold | 3 | 2 | 2 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 9 | 9 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $47 → $47 | Buy | Maintains | $47 → $47 | +19.96% | Feb 8, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $34 → $36 | Hold | Maintains | $34 → $36 | -8.12% | Feb 8, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $49 → $50 | Buy | Maintains | $49 → $50 | +27.62% | Feb 8, 2024 |
| HSBC | HSBC | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Feb 1, 2024 |
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $33 → $45 | Hold → Strong Buy | Upgrades | $33 → $45 | +14.85% | Dec 18, 2023 |
Financial Forecast
Revenue This Year
4.97B
from 4.06B
Increased by 22.45%
Revenue Next Year
5.84B
from 4.97B
Increased by 17.33%
EPS This Year
1.54
EPS Next Year
1.79
from 1.54
Increased by 16.49%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.3B | 6.4B | 6.8B |
| Avg | 5.0B | 5.8B | 6.5B |
| Low | 4.7B | 5.4B | 6.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.7% | 27.7% | 16.7% |
| Avg | 22.5% | 17.3% | 12.2% |
| Low | 15.8% | 8.5% | 8.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.81 | 2.06 | 2.28 |
| Avg | 1.54 | 1.79 | 2.06 |
| Low | 1.37 | 1.64 | 1.92 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 34.0% | 27.4% |
| Avg | - | 16.5% | 15.2% |
| Low | - | 6.6% | 7.4% |
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.