Shares of Brookfield Asset Management Inc (TSE:BAM.A) (NYSE:BAM) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$54.43 and last traded at C$54.30, with a volume of shares trading hands.
Separately, Scotiabank lowered their target price on shares of Brookfield Asset Management to C$54.00 and set an “outperform” rating for the company in a research note on Thursday, August 17th.
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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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