Canaccord Genuity Remains a Buy on Brookfld Asset A LV


Today, an analyst has provided a rating update for the Financial sector company, Brookfld Asset A LV (TSX: BAM.A). Analyst Mark Rothschild from Canaccord Genuity reiterated a Buy rating, with a C$47 price target.

According to TipRanks.com, Rothschild is ranked #448 out of 4793 analysts.

Brookfld Asset A LV has an analyst consensus of Hold.

The company has a one-year high of C$57.04 and a one-year low of C$46.71. Currently, Brookfld Asset A LV has an average volume of 1.01M.

Brookfield Asset Management, Inc. engages in the ownership and operation of assets of its shareholder and clients with a focus on real estate, renewable power, infrastructure and private equity. It operates through the following business segments: Asset Management, Real Estate, Renewable Power, Infrastructure, Private Equity, Residential Development, and Corporate Activities. The Asset Management segment includes managing the listed partnerships of the company, private funds and public securities on behalf of its investors and the company. The Real Estate segment is comprised of the ownership, operation and development of core office, core retail, opportunistic and other properties. The Renewable Power segment encompasses the ownership, operation and development of hydroelectric, wind, solar, storage and other power generating facilities. The Infrastructure segment is consist of the ownership, operation and development of utilities, transport, energy, communications and sustainable resource assets. The Private Equity segment refers to the broad range of industries, and are mostly focused on construction, other business services, energy, and industrial operations. The Residential Development segment represents homebuilding, condominium development and land development. The Corporate Activities segment handles investment of cash and financial assets, as well as the management of the corporate capitalization of the company, including corporate borrowings and preferred equity. The company was founded on August 1, 1997 and is headquartered in Toronto, Canada.

The company’s shares closed on Thursday at C$52.28.

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