Bidding for DIG Airgas: Macquarie Asset Management has shortlisted Brookfield Asset Management, Stonepeak, and Air Liquide for the final bidding round for South Korean industrial gas producer DIG Airgas, with binding bids expected by late July or early August.
Potential Investment Impact: The deal could represent the largest investment in South Korea for Brookfield or Stonepeak, with DIG Airgas valued at 18x-20x its core earnings, reflecting an EBITDA of $170M-$180M.
BAM
$52.3+Infinity%1D
Analyst Views on BAM
Wall Street analysts forecast BAM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BAM is 65.16 USD with a low forecast of 57.85 USD and a high forecast of 75.80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
Wall Street analysts forecast BAM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BAM is 65.16 USD with a low forecast of 57.85 USD and a high forecast of 75.80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
6 Hold
1 Sell
Hold
Current: 51.700
Low
57.85
Averages
65.16
High
75.80
Current: 51.700
Low
57.85
Averages
65.16
High
75.80
RBC Capital
Outperform
maintain
$76 -> $74
2025-12-15
New
Reason
RBC Capital
Price Target
$76 -> $74
2025-12-15
New
maintain
Outperform
Reason
RBC Capital lowered the firm's price target on Brookfield Asset Management to $74 from $76 and keeps an Outperform rating on the shares as part of its broader research note previewing 2026 across North American Diversified Financials. Brookfield Asset Management is an asset-light, pure-play alternative asset manager operating at scale and poised to benefit from secular trends favoring alternative asset managers, particularly larger asset managers as LPs consolidated relationships, the analyst tells investors in a research note.
UBS
Neutral
initiated
$59
2025-12-11
Reason
UBS
Price Target
$59
2025-12-11
initiated
Neutral
Reason
UBS assumed coverage of Brookfield Asset Management with a Neutral rating and $59 price target, noting strong sector fundamentals across 20 U.S. asset managers and brokers despite more mixed views on valuations and consensus expectations.The outlook favors undervalued growth, disciplined capital allocation, and firms positioned for margin expansion, while secular tailwinds support wealth brokers and independent investment banks whose robust earnings growth appears partly priced in, the analyst tells investors in a research note.
BofA
Neutral
downgrade
$72 -> $67
2025-12-10
Reason
BofA
Price Target
$72 -> $67
2025-12-10
downgrade
Neutral
Reason
BofA lowered the firm's price target on Brookfield Asset Management to $67 from $72 and keeps a Neutral rating on the shares. Looking ahead to 2026, the firm now favors the alternative asset managers to online brokers due to what it sees as a better valuation and positioning setup combined with a stronger macro backdrop, the analyst tells investors in a note on the brokers, asset managers and exchanges group.
Keefe Bruyette
Underperform
downgrade
$62 -> $59
2025-11-10
Reason
Keefe Bruyette
Price Target
$62 -> $59
2025-11-10
downgrade
Underperform
Reason
Keefe Bruyette lowered the firm's price target on Brookfield Asset Management to $59 from $62 and keeps an Underperform rating on the shares.
About BAM
Brookfield Asset Management Ltd. is a global alternative asset manager. The Company invests client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. Its products have three categories, which include long-term private funds, permanent capital vehicles and perpetual strategies, and liquid strategies. These are invested across five principal strategies: renewable power and transition, infrastructure, real estate, private equity, and credit.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
