Following these proceedings, BofA Securities upgraded its Brookfield Asset Management Ltd [BAM] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who increased its forecast for the stock in mid February from “a Hold” to “a Buy”. UBS began covering BAM with “Buy” recommendation on December 16, 2024. Jefferies started covering the stock on August 02, 2024. It rated BAM as “a Hold”.
Price Performance Review of BAM
On Monday, Brookfield Asset Management Ltd [NYSE:BAM] saw its stock jump 2.01% to $57.47. Over the last five days, the stock has gained 6.56%. Brookfield Asset Management Ltd shares have risen nearly 6.05% since the year began. Nevertheless, the stocks have risen 46.79% over the past one year. While a 52-week high of $62.61 was reached on 01/30/25, a 52-week low of $37.29 was recorded on 04/09/25. SMA at 50 days reached $50.19, while 200 days put it at $50.97.
Levels Of Support And Resistance For BAM Stock
The 24-hour chart illustrates a support level at 56.63, which if violated will result in even more drops to 55.79. On the upside, there is a resistance level at 58.46. A further resistance level may holdings at 59.44. The Relative Strength Index (RSI) on the 14-day chart is 68.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.62, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.97%. Stochastics %K at 89.52% indicates the stock is a selling.
