Synalloy (SYNL) Forms $14.55 Double Top; Last Week Brookfield Asset Management Inc. (BAM) Coverage

Synalloy Corporation (SYNL) formed double top with $15.42 target or 6.00% above today’s $14.55 share price. Synalloy Corporation (SYNL) has $127.42M valuation. The stock decreased 1.41% or $0.21 during the last trading session, reaching $14.55. About 7,086 shares traded. Synalloy Corporation (NASDAQ:SYNL) has risen 59.68% since March 25, 2017 and is uptrending. It has outperformed by 42.98% 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. had 31 analyst reports since August 10, 2015 according to SRatingsIntel. Scotia Capital maintained Brookfield Asset Management Inc. (NYSE:BAM) rating on Friday, February 16. Scotia Capital has “Buy” rating and $48.5 target. The firm has “Buy” rating given on Tuesday, August 15 by Citigroup. As per Tuesday, May 24, the company rating was initiated by Keefe Bruyette & Woods. The rating was upgraded by IBC on Friday, October 16 to “Sector Outperform”. The stock has “Buy” rating by RBC Capital Markets on Tuesday, June 20. RBC Capital Markets maintained Brookfield Asset Management Inc. (NYSE:BAM) on Thursday, November 9 with “Buy” rating. Canaccord Genuity maintained it with “Buy” rating and $4200 target in Friday, August 11 report. On Monday, September 25 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The company was maintained on Thursday, November 9 by TD Securities. The rating was initiated by Citigroup with “Buy” on Thursday, January 19. See Brookfield Asset Management Inc. (NYSE:BAM) latest ratings:

16/02/2018 Broker: RBC Capital Markets Rating: Buy New Target: $46.0 Maintain
16/02/2018 Broker: Scotia Capital Rating: Buy New Target: $48.5 Maintain
09/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $45.0 Maintain
09/11/2017 Broker: TD Securities Rating: Buy New Target: $52.0 Maintain
10/11/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $47.0 Maintain
10/11/2017 Broker: Citigroup Rating: Buy Old Target: $50 New Target: $49.5 Maintain
01/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $43.0 Maintain
02/10/2017 Broker: Canaccord Genuity Rating: Buy New Target: $47.0 Maintain
29/09/2017 Broker: TD Securities Rating: Buy New Target: $65.00 Target Up
26/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $43.0 Maintain

Investors sentiment increased to 1.18 in 2017 Q3. Its up 0.18, from 1 in 2017Q2. It improved, as 5 investors sold Synalloy Corporation shares while 9 reduced holdings. 5 funds opened positions while 9 raised stakes. 3.97 million shares or 1.49% more from 3.92 million shares in 2017Q2 were reported. Wells Fargo & Co Mn reported 0% in Synalloy Corporation (NASDAQ:SYNL). 166,900 are held by Renaissance Tech Limited. Bridgeway Mngmt holds 112,600 shares. Tci Wealth Incorporated accumulated 685 shares. Vanguard Group Incorporated invested in 289,674 shares or 0% of the stock. Gam Hldg Ag invested 0.08% of its portfolio in Synalloy Corporation (NASDAQ:SYNL). Gsa Prns Ltd Liability Partnership invested in 11,701 shares. Moreover, Morgan Dempsey Cap Mngmt Limited has 0.21% invested in Synalloy Corporation (NASDAQ:SYNL) for 49,272 shares. Dimensional Fund Advsr L P holds 0% or 391,904 shares in its portfolio. Commercial Bank Of America De has invested 0% in Synalloy Corporation (NASDAQ:SYNL). Northwestern Mutual Wealth, a Wisconsin-based fund reported 4,000 shares. First Wilshire Securities Mngmt accumulated 64,264 shares. Manufacturers Life Insurance The invested in 683 shares or 0% of the stock. Markel Corporation stated it has 414,804 shares or 0.1% of all its holdings. Royal Retail Bank Of Canada invested in 2 shares.

Brookfield Asset Management Inc. is a publicly owned asset management holding company. The company has market cap of $36.61 billion. Through its subsidiaries, the firm invests in the property, power, and infrastructure sectors. It has a 28.87 P/E ratio. The Company’s property business includes owning and managing office properties, developing master planned residential communities, and offering clients bridge and mezzanine lending, alternative assets funds, and financial and advisory services.

The stock decreased 0.03% or $0.01 during the last trading session, reaching $38.69. About 1.22M shares traded. Brookfield Asset Management Inc. (NYSE:BAM) has risen 13.98% since March 25, 2017 and is uptrending. It has underperformed by 2.72% the S&P500.