Ares Management Corporation with ticker code (ARES) have now 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $156.00 and $129.00 suggesting an average analyst share price target price of $144.78. (at the time of writing). Now with the previous closing price of $134.16 this would imply there is now a potential upside of 7.9%. It’s also worth noting that there is a 50 day moving average of $131.93 while the 200 day moving average is $112.27. The market cap for the company is 42.10B. The stock price is currently at: $135.16 USD
The potential market cap would be $45,435,129,856 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 55.62, revenue per share of $19.68 and a 2.46% return on assets.
Ares Management Corporation is an alternative investment manager. The Company offers its investors a range of investment strategies. The Company operates through five segments: Credit Group, Private Equity Group, Real Assets Group, Secondaries Group and Strategic Initiatives. The Company’s Credit Group segment manages credit strategies across the liquid and illiquid spectrum, including syndicated loans, high yield bonds, multi-asset credit, alternative credit investments and direct lending. The Company’s Private Equity Group segment categorizes its investment strategies as corporate private equity and special opportunities. Its Real Assets Group segment manages equity and debt strategies across real estate and infrastructure investments. Its Secondaries Group segment invests in secondary markets across a range of alternative asset class strategies, including private equity, real estate and infrastructure.
