Ares Management Corporation which can be found using ticker (ARES) now have 12 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $133.00 and $96.00 calculating the mean target price we have $119.50. Now with the previous closing price of $104.83 and the analysts are correct then we can expect a percentage increase in value of 14.0%. Also worth taking note is the 50 day moving average now sits at $104.69 and the 200 day MA is $92.41. The company has a market capitalization of 32.50B. The stock price for the company is currently $105.80 USD
The potential market cap would be $37,051,169,725 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 48.53, 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.
