Brookfield Asset Management Inc. (BAM) Forms $42.44 Double Top; Makaira Partners Has Trimmed Its Liberty Interactive (QVCA) Position

Brookfield Asset Management Inc. (BAM) formed double top with $45.84 target or 8.00% above today’s $42.44 share price. Brookfield Asset Management Inc. (BAM) has $40.10 billion valuation. The stock increased 0.33% or $0.14 during the last trading session, reaching $42.44. About 1.34 million shares traded or 55.82% up from the average. Brookfield Asset Management Inc. (NYSE:BAM) has risen 13.98% since January 25, 2017 and is uptrending. It has underperformed by 2.72% the S&P500.

Makaira Partners Llc decreased Liberty Interactive Corp (QVCA) stake by 0.64% reported in 2017Q3 SEC filing. Makaira Partners Llc sold 47,846 shares as Liberty Interactive Corp (QVCA)’s stock rose 23.01%. The Makaira Partners Llc holds 7.47M shares with $176.07M value, down from 7.52M last quarter. Liberty Interactive Corp now has $13.31 billion valuation. The stock decreased 0.58% or $0.16 during the last trading session, reaching $27.48. About 2.42M shares traded. QVC Group (NASDAQ:QVCA) has declined 6.46% since January 25, 2017 and is downtrending. It has underperformed by 23.16% the S&P500.

Among 9 analysts covering Brookfield Asset Management Inc. (NYSE:BAM), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Brookfield Asset Management Inc. has $65 highest and $36 lowest target. $43.93’s average target is 3.51% above currents $42.44 stock price. Brookfield Asset Management Inc. had 29 analyst reports since August 10, 2015 according to SRatingsIntel. On Tuesday, September 26 the stock rating was maintained by RBC Capital Markets with “Buy”. Zacks upgraded the stock to “Sell” rating in Monday, August 17 report. The rating was maintained by Citigroup with “Buy” on Tuesday, August 15. The stock has “Buy” rating by RBC Capital Markets on Tuesday, July 25. On Thursday, October 8 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm earned “Outperform” rating on Tuesday, May 24 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the shares of BAM in report on Monday, September 25 with “Buy” rating. The rating was downgraded by RBC Capital Markets to “Outperform” on Friday, February 10. The firm has “Top Pick” rating given on Thursday, September 22 by RBC Capital Markets. The firm has “Buy” rating by Canaccord Genuity given on Friday, August 11.

Among 14 analysts covering Liberty Interactive (NASDAQ:QVCA), 12 have Buy rating, 1 Sell and 1 Hold. Therefore 86% are positive. Liberty Interactive had 29 analyst reports since August 6, 2015 according to SRatingsIntel. Citigroup maintained it with “Buy” rating and $26 target in Thursday, October 6 report. The rating was maintained by Axiom Capital with “Buy” on Thursday, August 6. The firm has “Outperform” rating by FBR Capital given on Friday, August 12. The firm earned “Buy” rating on Monday, August 14 by Citigroup. As per Tuesday, August 18, the company rating was maintained by Brean Capital. The stock of QVC Group (NASDAQ:QVCA) earned “Buy” rating by Aegis Capital on Tuesday, May 30. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, August 6 report. Axiom Capital maintained QVC Group (NASDAQ:QVCA) rating on Friday, November 13. Axiom Capital has “Buy” rating and $35 target. The company was upgraded on Wednesday, August 10 by FBN Securities. The company was initiated on Tuesday, September 20 by Bank of America.

Analysts await QVC Group (NASDAQ:QVCA) to report earnings on February, 27. They expect $0.63 EPS, up 10.53% or $0.06 from last year’s $0.57 per share. QVCA’s profit will be $305.05M for 10.90 P/E if the $0.63 EPS becomes a reality. After $0.40 actual EPS reported by QVC Group for the previous quarter, Wall Street now forecasts 57.50% EPS growth.