Analysts Offer Insights on Financial Companies: AvalonBay (AVB) and Brookfield Asset Mng (BAM)


Companies in the Financial sector have received a lot of coverage today as analysts weigh in on AvalonBay (AVB) and Brookfield Asset Mng (BAM).

AvalonBay (AVB)

Scotiabank analyst Nicholas Yulico reiterated a Hold rating on AvalonBay yesterday and set a price target of $183. The company’s shares opened today at $185.08, close to its 52-week high of $188.25.

According to TipRanks.com, Yulico is a 1-star analyst with an average return of -2.1% and a 45.8% success rate. Yulico covers the Financial sector, focusing on stocks such as Hudson Pacific Properties, SL Green Realty, and Douglas Emmett.

AvalonBay has an analyst consensus of Moderate Buy, with a price target consensus of $189.40, which is a 2.3% upside from current levels. In a report issued on October 30, BMO Capital also maintained a Hold rating on the stock with a $188 price target.

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See today’s analyst top recommended stocks >>

Brookfield Asset Mng (BAM)

Scotiabank analyst Mario Saric reiterated a Buy rating on Brookfield Asset Mng on November 9 and set a price target of $53. The company’s shares opened today at $43.42.

Saric has an average return of 5.9% when recommending Brookfield Asset Mng.

According to TipRanks.com, Saric is ranked #1330 out of 4883 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Brookfield Asset Mng with a $51.63 average price target, implying a 18.9% upside from current levels. In a report issued on November 9, Credit Suisse also upgraded the stock to Buy with a $50 price target.

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