The Globe and Mail reports in its Thursday, May 8, edition that TD Cowen analyst Cherilyn Radbourne continues to rate Brookfield Asset Management "buy." The Globe's David Leeder writes in the Eye On Equities column that Ms. Radbourne gave her share target a $2 boost to $66 (all figures U.S.). Analysts on average target the shares at 56.05. Ms. Radbourne says in a note: "Brookfield Asset Management is confident that 2025 fund raising should surpass 2024 and appears well-positioned to capitalize on a period of disclocation. Brookfield Asset Management is overweight infrastructure/renewables/transition and derives 100 per cent of its DE from FRE vs. more market-sensitive sources. We believe those attributes, plus the prospect of wider U.S. index inclusion in the near-term, support Brookfield Asset Management's outperformance vs. its peers year-to-date." The Globe reported on Oct. 30 and May 1 that Ms. Radbourne maintained her "buy" recommendation for Brookfield Asset, which was then worth $53.80 and $53.24.
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