Last Updated: 07 Nov 2024
Executive Summary
Brookfield Asset Management Inc. (BAM) is a leading global alternative asset manager with a market capitalization of $232.76 billion. The company has a strong track record of delivering shareholder value through its investments in real assets, including infrastructure, real estate, and renewable energy. BAM's latest stock price is $56.96, and analysts have a consensus target price of $52.14, indicating a potential upside of 8.5%.
Company Overview
BAM is a global alternative asset manager with over $750 billion in assets under management. The company's investment strategy is focused on generating long-term capital appreciation and income through investments in real assets, which it believes offer attractive risk-adjusted returns. BAM's portfolio includes a diverse range of assets, including infrastructure, real estate, renewable energy, private equity, and credit.
Fundamental Analysis
BAM's financial performance has been strong in recent years. The company's revenue has grown at a CAGR of 10.4% over the past five years, and its EBITDA has grown at a CAGR of 12.3%. BAM's profit margin is 0%, and its operating margin is also 0%. The company's return on assets is 0.0062%, and its return on equity is 0.166%.
BAM's balance sheet is strong, with a debt-to-equity ratio of 0.45. The company has a strong track record of generating cash flow, and its free cash flow has grown at a CAGR of 15.2% over the past five years.
Technical Analysis
BAM's stock price has been trending higher in recent months. The stock is currently trading above its 50-day and 200-day moving averages, and it has recently broken out of a bullish triangle pattern. The stock's relative strength index (RSI) is 65, which indicates that it is overbought.
Short Term Outlook
BAM's stock price is likely to continue to trend higher in the short term. The stock is currently trading above its key moving averages, and it has recently broken out of a bullish triangle pattern. The stock's RSI is also indicating that it is overbought, which could lead to a pullback in the short term. However, the overall trend is still positive, and the stock is likely to continue to move higher in the long term.
Long Term Outlook
BAM's long-term outlook is positive. The company has a strong track record of delivering shareholder value through its investments in real assets. BAM's portfolio is well-diversified, and the company is well-positioned to benefit from the long-term growth of the global economy.
Analyst Recommendations
Analysts have a consensus rating of "Buy" on BAM. The average analyst target price is $52.14, indicating a potential upside of 8.5%. Seven analysts have a "Buy" rating on the stock, six have a "Hold" rating, and two have a "Sell" rating.
