Media stories about Brookfield Asset Management (NYSE:BAM) (TSE:BAM.A) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Brookfield Asset Management earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 45.8865123211228 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
Brookfield Asset Management (NYSE BAM) opened at $42.17 on Thursday. The company has a current ratio of 1.29, a quick ratio of 1.01 and a debt-to-equity ratio of 0.92. The company has a market cap of $41,450.00, a price-to-earnings ratio of 91.67 and a beta of 1.05. Brookfield Asset Management has a 1 year low of $32.98 and a 1 year high of $44.33.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Thursday, November 30th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.71%. This is an increase from Brookfield Asset Management’s previous quarterly dividend of $0.14. The ex-dividend date was Wednesday, November 29th. Brookfield Asset Management’s dividend payout ratio is presently 121.74%.
A number of equities analysts have recently weighed in on BAM shares. TheStreet raised shares of Brookfield Asset Management from a “c+” rating to a “b-” rating in a research note on Thursday, December 28th. Citigroup dropped their price target on shares of Brookfield Asset Management from $50.00 to $49.50 and set a “buy” rating on the stock in a research note on Friday, November 10th. Canaccord Genuity reaffirmed a “buy” rating and issued a $47.00 price target on shares of Brookfield Asset Management in a research note on Monday, October 2nd. ValuEngine downgraded shares of Brookfield Asset Management from a “buy” rating to a “hold” rating in a research report on Saturday, September 30th. Finally, Royal Bank of Canada increased their target price on shares of Brookfield Asset Management from $43.00 to $45.00 and gave the stock an “outperform” rating in a research report on Friday, November 10th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Brookfield Asset Management presently has an average rating of “Buy” and a consensus target price of $47.00.
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About Brookfield Asset Management
Brookfield Asset Management Inc is an alternative asset manager. The Company operates in eight segments. The Asset Management segment manages its listed partnerships, private funds and public markets on behalf of its clients. The Property segment includes the ownership, operation and development of office, retail and other properties.
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