J.P. Morgan analyst Ken Worthington maintained a Hold rating on Brookfield Asset Management Ltd. Class A yesterday and set a price target of $56.00. The company’s shares closed yesterday at C$66.25.Meet Samuel – Your Personal Investing ProphetStart a conversation with TipRanks’ trusted, data-backed investment intelligence
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According to TipRanks, Worthington is a 3-star analyst with an average return of 1.8% and a 47.13% success rate. Worthington covers the Financial sector, focusing on stocks such as Invesco, Carlyle Group, and T Rowe Price.
In addition to J.P. Morgan, Brookfield Asset Management Ltd. Class A also received a Hold from Piper Sandler’s John Barnidge in a report issued on May 18. However, on May 11, RBC Capital maintained a Buy rating on Brookfield Asset Management Ltd. Class A (TSX: BAM).
Based on Brookfield Asset Management Ltd. Class A’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$1.32 billion and a net profit of C$606.89 million. In comparison, last year the company earned a revenue of C$1.08 billion and had a net profit of C$581 million
