Brookfield Asset Management Stock News

Brookfield Business Partners L. found using ticker (BBU) now have 2 analysts covering the stock. The analyst consensus points to a rating of ''None''. The range between the high target price and low target price is between 70.78 and 64.46 with a mean TP of 67.62. Now with the previous closing price of 48.28 this would imply there is a potential upside of 40.1%. The 50 day moving average now sits at 46.93 and the 200 moving average now moves to 44.18. The company has a market cap of $3,634m. Company Website: /> [stock_market_widget type="chart" symbol="BBU" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Brookfield Business Partners L.P. is a private equity firm specializes in acquisition. The firm typically invests in business services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments. Brookfield Business Partners L.P. is based in Hamilton, Bermuda. Brookfield Business Partners L.P. operates as a subsidiary of Brookfield Asset Management Inc.

IFP Advisors Inc decreased its position in Brookfield Asset Management Inc. (NYSE:BAM) (TSE:BAM.A) by 1.7% during the third quarter, HoldingsChannel reports. The firm owned 13,382 shares of the financial services providers stock after selling 225 shares during the quarter. IFP Advisors Incs holdings in Brookfield Asset Management were worth $714,000 as of its most recent []

Timber Creek Capital Management LLC lowered its position in Brookfield Asset Management Inc. (NYSE:BAM) (TSE:BAM.A) by 7.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 214,424 shares of the financial services providers stock after selling 16,852 shares during the []

Brookfield Asset Management paid former New York Lieutenant Governor Richard Ravitch $582 million for Waterside Plaza, three years after it first bought a stake in the four-tower complex along the FDR Drive and East 25th Street. The deal closed on Oct. 28, according to New York City public records, three months after The Real Deal reported the sale. Though the price wasnt disclosed at the time, people familiar with the deal told TRD that the The post Brookfield, Ravitch ink $582M deal for Waterside Plaza appeared first on The Real Deal New York .

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Validus Risk Management (Validus), the leading independent financial risk advisory and technology firm, today announces two senior hires with the appointment of Jarv Ashford, as COO based in London, and Scott Simonton, as Principal based in New York. Mr Ashford will be responsible for driving the operating performance of the business and supporting its global expansion, while Mr Simonton will be responsible for accelerating growth in the US, as well as significantly contributing to Validus’ leading advisory service. The appointments follow a year of significant growth for Validus, with the acquisition of Canadian investment business La Financière Constance in May, and the opening of its New York office with the hire of former Goldman Sachs executive, Bryan Cohen, as US Managing Director in June. The new hires will help to continue this momentum as the business grows internationally, while further developing the service offering for fund managers, institutional investors and corporates.

Nexus Investment Management ULC lifted its stake in shares of Brookfield Asset Management Inc. (NYSE:BAM) (TSE:BAM.A) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,476 shares of the financial services providers stock after acquiring an additional 515 shares during []

Brookfield Asset Management (TSE:BAM.A) (NYSE:BAM) had its price target lifted by TD Securities from C$72.00 to C$75.00 in a research note published on Friday morning, BayStreet.CA reports. The firm currently has an action list buy rating on the stock. Several other analysts also recently issued reports on the stock. Tudor Pickering reissued a buy rating []

Brookfield Asset Management (NYSE:BAM) (TSE:BAM.A) had its price objective raised by analysts at Canaccord Genuity from $66.00 to $69.00 in a research note issued on Friday, PriceTargets.com reports. The firm currently has a buy rating on the financial services providers stock. Canaccord Genuitys target price points to a potential upside of 14.31% from the stocks []

Brookfield Asset Management (NYSE:BAM) (TSE:BAM.A) was downgraded by equities research analysts at The Goldman Sachs Group from a conviction-buy rating to a buy rating in a research report issued on Friday, The Fly reports. BAM has been the subject of a number of other research reports. Citigroup initiated coverage on shares of Brookfield Asset Management []