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Stock impact report

Is Brookfield Asset Management (TSX:BAM) Still Justified After Recent Share Price Weakness? [Yahoo! Finance]

Brookfield Corporation Class A Limited Voting Shares (BN) 
Company Research Source: Yahoo! Finance
If you are wondering whether Brookfield Asset Management is starting to look appealing at its current share price, you are not alone. This article focuses squarely on what you might be paying versus what you are getting. The stock last closed at C$63.69, with returns of an 8.0% decline over 7 days, a 5.9% decline over 30 days, a 13.2% decline year to date and a 19.4% decline over 1 year, set against a 52.0% return across the last 3 years. Recent coverage has focused on how large alternative asset managers are positioned and how investors are thinking about fee based, capital light business models. This helps frame how a company like Brookfield Asset Management is being viewed. Broader discussions around asset flows, interest rate expectations and demand for private market exposure also feed into sentiment around multi asset managers. Simply Wall St currently gives Brookfield Asset Management a valuation score of 2 out of 6, reflecting where it screens as undervalued on a subset Show less Read more
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