Brookfield Asset Management (A)

BAM.A-T

TSE:BAM.A

49.32
0.48 (0.98%)
Brookfield Asset Management Inc. is a global alternative asset manager with approximately $285 billion of assets under management, focusing on real estate, renewable power, infrastructure and private equity.
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Analysis and Opinions about BAM.A-T

Signal
Opinion
Expert
BUY
BUY
January 12, 2021
He expects BAM to take it over and it's a good thing to keep BPY within Brookfield/BAM. The deal is accretive for BAM which he really likes. About BPY, you don't want to own these assets (offices, large retail) during this pandemic. Better to own apartments and industrials. BAM fell 5% on news of the takeover, but investors don't understand how accretive this deal is. BAM is a fantastic asset allocator; he wouldn't bet against them.
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He expects BAM to take it over and it's a good thing to keep BPY within Brookfield/BAM. The deal is accretive for BAM which he really likes. About BPY, you don't want to own these assets (offices, large retail) during this pandemic. Better to own apartments and industrials. BAM fell 5% on news of the takeover, but investors don't understand how accretive this deal is. BAM is a fantastic asset allocator; he wouldn't bet against them.
WATCH
WATCH
January 11, 2021
The valuation now is at its ten year high. You would need earnings to become stronger. It has had its move for now.
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The valuation now is at its ten year high. You would need earnings to become stronger. It has had its move for now.
TOP PICK
TOP PICK
January 8, 2021

Their proposal to acquire BPY saw the stock sell off by 5%. However, this sell-off has seen the price go down to his buy price of 13.5x adjusted funds from operations, around $50. A phenomenal compounder for longterm investors. Creates value efficiently for shareholders. There is a lot of demand for the types of assets they own in this environment. (Analysts’ price target is $61.69)

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Their proposal to acquire BPY saw the stock sell off by 5%. However, this sell-off has seen the price go down to his buy price of 13.5x adjusted funds from operations, around $50. A phenomenal compounder for longterm investors. Creates value efficiently for shareholders. There is a lot of demand for the types of assets they own in this environment. (Analysts’ price target is $61.69)

COMMENT
COMMENT
January 4, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Their bid for BPY is a bet on the future of the real estate market. They would get the shares at a discount to where they were pre-pandemic. It will depend on future environments but it is likely a good long term move. Unlock Premium - Try 5i Free

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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Their bid for BPY is a bet on the future of the real estate market. They would get the shares at a discount to where they were pre-pandemic. It will depend on future environments but it is likely a good long term move. Unlock Premium - Try 5i Free

COMMENT
COMMENT
December 22, 2020

BAM vs. BIP.UN The Brookfield companies are complex. BIP is exposed to the large-office property market. Companies are reducing their footprint here, so he's less bullish in this sector. However, he expects massive private investment as governments sell infrastructure to pay down debt, so private companies like this can take advantage. He'd favour BIP for this reason.

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BAM vs. BIP.UN The Brookfield companies are complex. BIP is exposed to the large-office property market. Companies are reducing their footprint here, so he's less bullish in this sector. However, he expects massive private investment as governments sell infrastructure to pay down debt, so private companies like this can take advantage. He'd favour BIP for this reason.

BUY
BUY
December 15, 2020
Concerned about their debt levels Good point. It's a global asset manager of hard assets. There's a big wave of money that needs to find a home but can't go into the bond markets given very low rates. So, a lot of money uses Brookfield to buy hard asset and collect fees on them; this trend won't stop. BAM's success will continue. Their debt is tricky--Brookfield Property Partners makes up 15% of Brookfield, but BPP troubled because of it holds shopping malls. And yet, BPP's woes don't effect the rest of the Brookfield group. They run a very tight financial ship. BAM is a core holding.
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Concerned about their debt levels Good point. It's a global asset manager of hard assets. There's a big wave of money that needs to find a home but can't go into the bond markets given very low rates. So, a lot of money uses Brookfield to buy hard asset and collect fees on them; this trend won't stop. BAM's success will continue. Their debt is tricky--Brookfield Property Partners makes up 15% of Brookfield, but BPP troubled because of it holds shopping malls. And yet, BPP's woes don't effect the rest of the Brookfield group. They run a very tight financial ship. BAM is a core holding.
TOP PICK
TOP PICK
November 11, 2020

Remains a great alternative to low bond yields. Private equity and active management continue to be about 50% of the business, and that's where the growth is. Infrastructure and renewables have good steady eddy growth. Compelling on a PEG basis. Sees dividend growing at 10%. Yield is 1.27%. (Analysts’ price target is $56.55)

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Remains a great alternative to low bond yields. Private equity and active management continue to be about 50% of the business, and that's where the growth is. Infrastructure and renewables have good steady eddy growth. Compelling on a PEG basis. Sees dividend growing at 10%. Yield is 1.27%. (Analysts’ price target is $56.55)

WATCH
WATCH
November 4, 2020

There is no alternative, it's so unique. Leader in private equity asset management space. Doesn't own, as the real estate part worries him. He does own BIP.UN and BEP.UN, as these are the least risky parts of Brookfield with the larger dividend. Watching it to see how real estate fares with the pandemic and possibly switching into BAM.A. He is still not sure since change in retail and office space behaviour is still new and we do not know how ugly it will be. 

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There is no alternative, it's so unique. Leader in private equity asset management space. Doesn't own, as the real estate part worries him. He does own BIP.UN and BEP.UN, as these are the least risky parts of Brookfield with the larger dividend. Watching it to see how real estate fares with the pandemic and possibly switching into BAM.A. He is still not sure since change in retail and office space behaviour is still new and we do not know how ugly it will be. 

DON'T BUY
DON'T BUY
October 5, 2020

Although the analyst says ETF, BAM.A is an asset management firm. The companies are all kind of the same. Anyone who is in the ETFs should look out. He suggests avoiding the name. The balance sheets are bank-like so they need to earn huge earnings to match their balance sheet and they don’t. They are pro-cyclical. As prices start to fall then the pro-cyclicality will start to reverse itself. These stocks are not a good place to be.

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Although the analyst says ETF, BAM.A is an asset management firm. The companies are all kind of the same. Anyone who is in the ETFs should look out. He suggests avoiding the name. The balance sheets are bank-like so they need to earn huge earnings to match their balance sheet and they don’t. They are pro-cyclical. As prices start to fall then the pro-cyclicality will start to reverse itself. These stocks are not a good place to be.

HOLD
HOLD
October 2, 2020
He likes the company, and their recent investor day presentations were very clear. He is sticking it through with the management team.
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He likes the company, and their recent investor day presentations were very clear. He is sticking it through with the management team.
BUY WEAKNESS
BUY WEAKNESS
September 23, 2020

Billy Kawasaki’s Insights - Picks from 5i Research. The recent weakness should be considered an opportunity. Management tends to take a long term investment strategy that may clash with investor desire for short term moves. The company has a good track record and there is little concern in the long term. Unlock Premium - Try 5i Free

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Billy Kawasaki’s Insights - Picks from 5i Research. The recent weakness should be considered an opportunity. Management tends to take a long term investment strategy that may clash with investor desire for short term moves. The company has a good track record and there is little concern in the long term. Unlock Premium - Try 5i Free

DON'T BUY
DON'T BUY
September 22, 2020

Complicated to value, but it's a diversified cash machine. Pays a modest dividend. Prefers BIP and Brookfield Renewable which pays more. You're better on the asset appreciation, not the dividend.

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Complicated to value, but it's a diversified cash machine. Pays a modest dividend. Prefers BIP and Brookfield Renewable which pays more. You're better on the asset appreciation, not the dividend.

BUY
BUY
September 15, 2020

Blackstone vs. KKR Both good and both are global players. She likes the private equity space, and the way to invest here is through stocks like these. She plays this space through BAM. All have a strong global presence. Private equity will see continued secular growth with interest rates staying near zero. Large institutions are seeking returns in private equity and infrastructure and will invest more here.

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Blackstone vs. KKR Both good and both are global players. She likes the private equity space, and the way to invest here is through stocks like these. She plays this space through BAM. All have a strong global presence. Private equity will see continued secular growth with interest rates staying near zero. Large institutions are seeking returns in private equity and infrastructure and will invest more here.

BUY
BUY
September 14, 2020
It is a conglomerate that has done a great job of narrowing their NAV. It is a great story. One of the issues they face is that more and more people are moving into alternative assets so the competition is hotter from the pension side as well as general asset management side.
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It is a conglomerate that has done a great job of narrowing their NAV. It is a great story. One of the issues they face is that more and more people are moving into alternative assets so the competition is hotter from the pension side as well as general asset management side.
TOP PICK
TOP PICK
September 8, 2020
Shares were hit in April, when he stepped in. A great asset management franchise for long-term investors. Historically, whenever you bought Brookfield shares below NAV, you did well long term. If interest rates were at 5-10%, it would hammer this stock because they buy assets using debt strategically, but rates will stay anchored near zero. Investors will need to own global, diversified, alternative assets. Huge growth on their renewable side too. BAM is in the sweet spot. (Analysts’ price target is $53.95)
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Shares were hit in April, when he stepped in. A great asset management franchise for long-term investors. Historically, whenever you bought Brookfield shares below NAV, you did well long term. If interest rates were at 5-10%, it would hammer this stock because they buy assets using debt strategically, but rates will stay anchored near zero. Investors will need to own global, diversified, alternative assets. Huge growth on their renewable side too. BAM is in the sweet spot. (Analysts’ price target is $53.95)
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Brookfield Asset Management (A)(BAM.A-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 35

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 6

Total Signals / Votes : 45

Stockchase rating for Brookfield Asset Management (A) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Brookfield Asset Management (A)(BAM.A-T) Frequently Asked Questions

What is Brookfield Asset Management (A) stock symbol?

Brookfield Asset Management (A) is a Canadian stock, trading under the symbol BAM.A-T on the Toronto Stock Exchange (BAM-A-CT). It is usually referred to as TSX:BAM.A or BAM.A-T

Is Brookfield Asset Management (A) a buy or a sell?

In the last year, 45 stock analysts published opinions about BAM.A-T. 35 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Brookfield Asset Management (A).

Is Brookfield Asset Management (A) a good investment or a top pick?

Brookfield Asset Management (A) was recommended as a Top Pick by Paul Gardner, CFA on 2021-01-12. Read the latest stock experts ratings for Brookfield Asset Management (A).

Why is Brookfield Asset Management (A) stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Brookfield Asset Management (A) worth watching?

45 stock analysts on Stockchase covered Brookfield Asset Management (A) In the last year. It is a trending stock that is worth watching.

What is Brookfield Asset Management (A) stock price?

On 2021-01-15, Brookfield Asset Management (A) (BAM.A-T) stock closed at a price of $49.32.