Brookfield Asset Management Inc (TSE:BAM.A) (NYSE:BAM) had its price objective decreased by Citigroup Inc. from C$50.00 to C$49.50 in a research note issued to investors on Monday.

Other analysts have also issued reports about the stock. Royal Bank Of Canada lifted their target price on shares of Brookfield Asset Management to C$57.00 and gave the company an outperform rating in a research report on Friday. Scotiabank lifted their price target on shares of Brookfield Asset Management to C$58.00 and gave the company an outperform rating in a report on Friday.

Brookfield Asset Management (TSE BAM.A) traded down C$0.90 during midday trading on Monday, reaching C$52.83. 853,453 shares of the company’s stock traded hands, compared to its average volume of 604,938. Brookfield Asset Management has a 52 week low of C$43.03 and a 52 week high of C$54.43.

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About Brookfield Asset Management

Brookfield Asset Management Inc is an alternative asset manager. The Company operates in eight segments. The Asset Management segment manages its listed partnerships, private funds and public markets on behalf of its clients. The Property segment includes the ownership, operation and development of office, retail and other properties.

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