PSP Investments to Acquire 50% Interest in Enercare from Brookfield
The Public Sector Pension Investment Board (PSP Investments) has agreed to acquire a 50% interest in Enercare Inc. from Brookfield and its institutional partners for $1.6 billion.
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Multiple major financial institutions updated their investment ratings and price targets for Brookfield Asset Management on November 10, 2026.
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The Public Sector Pension Investment Board (PSP Investments) has agreed to acquire a 50% interest in Enercare Inc. from Brookfield and its institutional partners for $1.6 billion.
Brookfield Asset Management declared a quarterly dividend of $0.5025 per share for its Class A shareholders.
Goldman Sachs analyst Alexander Blostein has reaffirmed a Buy rating on Brookfield Asset Management and increased the price target to $59.
Brookfield Asset Management beat Q3 sales estimates, raised analyst targets, and shares rose 2.4%, despite EPS missing forecasts.