Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate BROOKFIELD ASSET MANAGEMENT LTD before investing.

In this article, we go over a few key elements for understanding BROOKFIELD ASSET MANAGEMENT LTD’s stock price such as:

• BROOKFIELD ASSET MANAGEMENT LTD’s current stock price and volume
• Why BROOKFIELD ASSET MANAGEMENT LTD’s stock price changed recently
• Upgrades and downgrades for BAM from analysts
• BAM’s stock price momentum as measured by its relative strength

About BROOKFIELD ASSET MANAGEMENT LTD (BAM)

Before we jump into BROOKFIELD ASSET MANAGEMENT LTD’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Brookfield Asset Management Ltd. is primarily engaged in providing alternative asset management services. The Company provides its services through an ownership interest in an alternative asset management business, which is carried on by Brookfield Asset Management Inc. (Brookfield) and its subsidiaries. Its products have three categories, which include long-term private funds, perpetual strategies and liquid strategies. The Company's wholly owned subsidiaries include 2451634 Alberta Inc. and Brookfield UK Employee Co Limited. Brookfield is a global alternative asset manager with assets under management across real estate, infrastructure, renewable power and transition, private equity and credit. Brookfield offers a range of alternative investment products to investors around the world, including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.

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BROOKFIELD ASSET MANAGEMENT LTD’s Stock Price as of Market Close

As of September 19, 2024, 4:00 PM, CST, BROOKFIELD ASSET MANAGEMENT LTD’s stock price was $47.70.

BROOKFIELD ASSET MANAGEMENT LTD is up 4.44% from its previous closing price of $45.67.

During the last market session, BROOKFIELD ASSET MANAGEMENT LTD’s stock traded between $45.17 and $46.28. Currently, there are 409.12 million shares of BROOKFIELD ASSET MANAGEMENT LTD stock available for purchase.

BROOKFIELD ASSET MANAGEMENT LTD’s price-earnings (P/E) ratio is currently at 41.3, which is high compared to the Investment Management & Fund Operators industry median of 15.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

BROOKFIELD ASSET MANAGEMENT LTD Stock Price History

BROOKFIELD ASSET MANAGEMENT LTD’s (BAM) price is currently up 17.03% so far this month.

During the month of September, BROOKFIELD ASSET MANAGEMENT LTD’s stock price has reached a high of $47.74 and a low of $39.19.

Over the last year, BROOKFIELD ASSET MANAGEMENT LTD has hit prices as high as $46.28 and as low as $28.35. Year to date, BROOKFIELD ASSET MANAGEMENT LTD’s stock is up 66.38%.

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What Caused BROOKFIELD ASSET MANAGEMENT LTD Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 18, 2024, there was 1 analyst who downgraded BROOKFIELD ASSET MANAGEMENT LTD’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate BROOKFIELD ASSET MANAGEMENT LTD’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on BROOKFIELD ASSET MANAGEMENT LTD’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

BROOKFIELD ASSET MANAGEMENT LTD’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about BROOKFIELD ASSET MANAGEMENT LTD (BAM) by visiting AAII Stock Evaluator.

Relative Price Strength of BROOKFIELD ASSET MANAGEMENT LTD

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 18, 2024, BROOKFIELD ASSET MANAGEMENT LTD has a weighted four-quarter relative price strength of 4.16%, which translates to a Momentum Score of 74 and is considered to be Strong.

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BROOKFIELD ASSET MANAGEMENT LTD Stock Price: Bottom Line

As of September 19, 2024, BROOKFIELD ASSET MANAGEMENT LTD’s stock price is $47.70, which is up 4.44% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like BROOKFIELD ASSET MANAGEMENT LTD stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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