Jun. 25 at 6:28 AM
$BAM RBC Capital raises Brookfield Asset Management price target to
$72
06/18/2025, 04:42 AMRBC Capital analyst Bart Dziarski assumed coverage on Brookfield Asset Management (NYSE:BAM) stock Wednesday with an Outperform rating and a price target of
$72.00, up from the previous target of
$68.00. The stock, which has delivered an impressive 47% return over the past year, is currently trading above its InvestingPro Fair Value.
The firm highlighted Brookfield’s position as one of the world’s largest alternative asset managers, with approximately
$550 billion in fee-bearing capital under management. With a market capitalization of
$88.5 billion and a robust financial health score rated as "GOOD" by InvestingPro, the company maintains a strong market presence.
RBC Capital believes Brookfield is positioned to benefit long-term from continued consolidation of general partner relationships by limited partners, a trend that typically favors larger alternative asset managers like BAM.
