Scotiabank maintained Brookfield Asset Management(BAM-A:TSX) with a Outperform rating

STA Research
by: STA Research

Scotiabank Capital maintained  Brookfield Asset Management with an Outperform rating, with a $91 target on the stock.

Based on the Brookfield Asset Management Inc stock forecasts from 3 analysts, the average analyst target price for Brookfield Asset Management Inc is CAD 83.20 over the next 12 months. Brookfield Asset Management Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Brookfield Asset Management Inc is Bearish, which is based on 2 positive signals and 7 negative signals. At the last closing, Brookfield Asset Management Inc’s stock price was CAD 71.88. Brookfield Asset Management Inc’s stock price has changed by +2.17% over the past week, +2.78% over the past month and +28.59% over the last year.

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What we don’t like:

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

 

 

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