Ares Management Corporation with ticker code (ARES) have now 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $146.00 and $109.00 calculating the mean target price we have $128.30. Now with the previous closing price of $116.43 and the analysts are correct then there would likely be a percentage uptick in value of 10.2%. Also worth taking note is the 50 day moving average now sits at $112.61 while the 200 day moving average is $100.03. The market capitalization for the company is 36.47B. The stock price is currently at: $118.70 USD
The potential market cap would be $40,183,371,523 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 54.45, revenue per share of $19.39 and a 2.77% 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.
