Ares Management Corporation which can be found using ticker (ARES) have now 10 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $181.00 and $127.00 suggesting an average Analsyt target price of $152.60. Given that the stocks previous close was at $132.93 this indicates there is a potential upside of 14.8%. It’s also worth noting that there is a 50 day moving average of $137.08 and the 200 moving average now moves to $120.93. The company has a market capitalization of 42.39B. The stock price for the company is currently is currently $136.84 USD
The potential market cap would be $48,668,238,933 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 60.55, revenue per share of $18.76 and a 2.65% 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.
