Bank of America cuts target for Brookfield Asset Management stock to USD 60.00
Published on 10/12/2026 at 12:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Bank of America cut its Brookfield Asset Management price target from USD 61.00 to USD 60.00 on October 5, 2026.
- Brookfield closed Oaktree's Asset-Backed Finance Fund at USD 2.00 billion on October 1, 2026.
- Second-quarter 2026 fee-related earnings reached USD 808.00 million, up 20.00 percent year over year.
- Brookfield Asset Management stock was trading at EUR 41.02 at Lang & Schwarz on October 12, 2026.
Brookfield Asset Management (ISIN CA1130041058) was trading at EUR 41.02 at Lang & Schwarz on October 12, 2026. MarketBeat reported that Bank of America cut its price target from USD 61.00 to USD 60.00 on October 5, 2026, while retaining a neutral rating.
Target cut meets strong fundraising
The target reduction came as Brookfield's latest operating figures pointed to continued expansion in private markets. According to Benzinga, fee-related earnings reached USD 808.00 million in the second quarter of 2026, up 20.00 percent from the second quarter of 2025.
The same second-quarter 2026 transcript put distributable earnings at USD 707.00 million, up 15.00 percent year over year, while fee-bearing capital reached USD 672.00 billion, up 19.00 percent over the 12 months to June 30, 2026. Fundraising totaled USD 77.00 billion in the quarter, including a USD 40.00 billion Just Group mandate.
What the credit fund adds
Brookfield's credit platform also delivered a concrete capital-raising milestone. In a release dated October 1, 2026, Brookfield Asset Management announced the final close of Oaktree's Asset-Backed Finance Fund at USD 2.00 billion.
The fund's broader asset-backed finance platform totals more than USD 60.00 billion, according to the release, which gives the October 5 target cut a useful counterpoint: the analyst action was cautious, while fee-generating capital continued to scale across credit and other strategies.
Stock valuation and trading context
Brookfield Asset Management had a market capitalization of USD 73.3 billion as of October 9, 2026. Its NYSE quotation was USD 45.88 at 8:00 p.m. UTC on October 9, 2026, while the quoted 52-week range was USD 42.20 to USD 59.33.
The business model is asset-light: Brookfield manages capital for institutions and individuals and earns recurring fees rather than owning every underlying project. That structure makes fee-bearing capital and fundraising important indicators alongside reported earnings, especially as the firm expands in credit, infrastructure and artificial intelligence investment.
Brookfield stock stays in a data-rich phase
At Lang & Schwarz, Brookfield Asset Management stock was trading at EUR 41.02 on October 12, 2026 at 12:20 p.m. CEST. The latest operating figures and the USD 60.00 target now frame the stock around two separate signals: accelerating fee generation and a neutral analyst stance.
The further course of trading is shown by the continuously updated real-time quote of Brookfield Asset Management stock.
Brookfield Asset Management stock facts
- Company: Brookfield Asset Management Ltd.
- ISIN: CA1130041058
- Ticker: BAM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 12, 2026, 12:20 p.m. CEST): EUR 41.02
- Market capitalization: USD 73.3 billion (as of October 9, 2026)
- 52-week range: USD 42.20-59.33 (as of October 5, 2026)
- Sector / Industry: Financials / Asset management
Market context: Market report S&P 500.
