Brookfield Asset Management (NYSE:BAM) Price Target Raised to $59.00

Posted by Francis Steltz on Aug 9th, 2026

Brookfield Asset Management (NYSE:BAM – Free Report) (TSE:BAM.A) had its target price lifted by Scotia from $57.00 to $59.00 in a research note issued to investors on Thursday morning,BayStreet.CA reports. The brokerage currently has a sector outperform rating on the financial services provider’s stock.

Other equities research analysts have also recently issued reports about the stock. Weiss Ratings cut shares of Brookfield Asset Management from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 15th. Royal Bank Of Canada dropped their price objective on Brookfield Asset Management from $74.00 to $65.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th. Piper Sandler reissued a “neutral” rating and set a $50.00 price objective (up from $48.00) on shares of Brookfield Asset Management in a research report on Monday, May 18th. Wall Street Zen downgraded Brookfield Asset Management from a “hold” rating to a “sell” rating in a research note on Saturday, July 4th. Finally, JPMorgan Chase & Co. lowered their target price on Brookfield Asset Management from $72.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Brookfield Asset Management has an average rating of “Hold” and an average target price of $59.50.

Check Out Our Latest Analysis on Brookfield Asset Management

Brookfield Asset Management Trading Down 1.2%

NYSE:BAM opened at $52.51 on Thursday. The company’s 50 day moving average is $47.32 and its 200-day moving average is $47.63. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.34. Brookfield Asset Management has a 12 month low of $42.20 and a 12 month high of $63.37. The firm has a market cap of $86.03 billion, a price-to-earnings ratio of 30.53, a P/E/G ratio of 2.14 and a beta of 1.26.

Brookfield Asset Management (NYSE:BAM – Get Free Report) (TSE:BAM.A) last posted its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.01. Brookfield Asset Management had a net margin of 48.89% and a return on equity of 31.78%. The business had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.47 billion. Equities analysts anticipate that Brookfield Asset Management will post 1.76 EPS for the current year.

Brookfield Asset Management Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Monday, August 31st will be given a $0.5025 dividend. This represents a $2.01 annualized dividend and a yield of 3.8%. The ex-dividend date is Monday, August 31st. Brookfield Asset Management’s dividend payout ratio (DPR) is currently 116.86%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Trust Co. of Vermont bought a new stake in shares of Brookfield Asset Management in the second quarter valued at about $25,000. Cardinal Capital Management Inc. bought a new position in Brookfield Asset Management during the second quarter valued at about $3,797,000. Allied Private Wealth LLC acquired a new position in Brookfield Asset Management in the 2nd quarter valued at approximately $40,000. Castle Rock Wealth Management LLC lifted its position in shares of Brookfield Asset Management by 5.3% in the 2nd quarter. Castle Rock Wealth Management LLC now owns 26,427 shares of the financial services provider’s stock worth $1,200,000 after acquiring an additional 1,334 shares during the period. Finally, PensionDanmark Pensionsforsikringsaktieselskab grew its holdings in shares of Brookfield Asset Management by 12.9% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 48,110 shares of the financial services provider’s stock worth $2,157,000 after purchasing an additional 5,500 shares in the last quarter. Institutional investors own 68.41% of the company’s stock.

Brookfield Asset Management News Roundup

Here are the key news stories impacting Brookfield Asset Management this week:

Positive Sentiment: Record Q2 results and AI infrastructure growth: Brookfield reported quarterly earnings of $0.44 per share, slightly ahead of the $0.43 consensus, while revenue of $1.75 billion exceeded estimates of $1.47 billion. Investor attention is also focused on the company’s push into AI-related infrastructure, which could support long-term fee growth. Why Brookfield Asset Management Is Up After Record Q2 Results and AI Infrastructure Push
Positive Sentiment: Analysts raised several price targets: National Bank Financial increased its target to $70 from $69 and maintained an outperform rating; Scotia raised its target to $59 from $57 and kept a sector-outperform rating. National Bank Financial Raises Brookfield Asset Management Price Target Scotia Raises Brookfield Asset Management Price Target
Positive Sentiment: Dividend payment remains supportive: BAM declared a quarterly dividend of $0.5025 per share, payable September 29 to shareholders of record August 31. The indicated annual yield is approximately 3.8%.
Neutral Sentiment: Mixed analyst positioning: RBC maintained its buy rating, while Deutsche Bank reiterated a hold. UBS raised its target to $55 from $48 but retained a neutral rating, suggesting limited near-term conviction. Deutsche Bank Hold Rating RBC Maintains Buy Rating
Neutral Sentiment: Valuation comparisons are mixed: A Zacks analysis compares BAM with Inter & Co. as investors assess which financial-services stock offers better value. BAM’s elevated valuation means continued earnings and AI-infrastructure execution may be needed to justify further gains. INTR Versus BAM Value Comparison

About Brookfield Asset Management

(Get Free Report)

Brookfield Asset Management is a global alternative asset manager headquartered in Toronto, Canada, that specializes in investments in real assets and related private equity and credit strategies. The firm acquires, manages and develops assets in sectors such as real estate, renewable power, infrastructure and private equity, seeking long-term value through active asset management and operational improvements. Brookfield structures and manages commingled funds, listed partnerships and separate accounts for institutional and retail investors.

The company’s products and services include fund management across equity and debt strategies, direct asset ownership and operations, property and facilities management, and capital markets solutions.