|Day's Range||37.61 - 38.22|
|52 Week Range||31.70 - 38.99|
|PE Ratio (TTM)||30.51|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Brookfield Asset Management was founded in 1899 to finance streetcars and electric power in Brazil. Today, the Toronto-based firm has become a global player in alternative assets, managing about $250 billion in real estate, infrastructure, renewable-power projects, and private equity. Sam Pollock has been a key member of the Brookfield team for 23 years.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Brookfield Asset Management, Inc. with the following peers – BlackRock, Inc., Brookfield Property Partners LP, GGP, Inc., Arbor Realty Trust, Inc., Canaccord Genuity Group Inc., Waterfront Capital Corporation, Difference Capital Financial, Inc., Canadian Imperial Bank of Commerce and GMP Capital Inc. (BLK-US, BPY-US, GGP-US, ABR-US, ... Read more (Read more...)
The private equity firm’s stock surged 6.6% to $31.85 after news broke over the weekend that Saudi Arabia Public Investment Fund has agreed to fork over $20 billion to seed a new infrastructure fund. Blackstone is the latest player to join the global push by big investors to buy airports, pipelines and other public projects, particularly in the U.S. JMP analyst Devin Ryan, who rates the stock market outperform, “is constructive on the deal for a number of reasons,” among them the face the deal highlights Blackstone ability to innovate and buck consensus, which fears that the company is too big to grow. In fact, a back-of-the envelope SOTP analysts shows the infrastructure fund could account for $4 of shareholder value creations, Ryan says.