Shares of Brookfield Asset Management Inc. (NYSE:BAM) traded today at $47.02, eclipsing its 52-week high. This new high was reached on below average trading volume as 589,000 shares traded hands, while the average 30-day volume is approximately 2.1 million shares.
Brookfield Asset Management Inc. (NYSE:BAM) is currently priced 20.5% above its average consensus analyst price target of $37.10.
Brookfield Asset Management Inc owns and manages commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations. Brookfield has the greatest amount of assets in Real Estate and generates the most revenue through Private Equity. Located around the world, its assets are concentrated in the United States, Canada, Brazil, and Australia.
Brookfield Asset Management Inc. share prices have moved between a 52-week high of $47.02 and a 52-week low of $29.09 and are now trading 61% above that low price at $46.70 per share.
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