Ares Management Corporation with ticker code (ARES) now have 11 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between 110 and 89 with the average target price sitting at $98.64. Given that the stocks previous close was at $96.35 this would indicate that there is a potential upside of 2.4%. The day 50 moving average is $87.63 and the 200 day moving average is $78.76. The total market capitalization for the company now stands at 29.19B. The stock price for the company is currently is currently 96.51 USD
The potential market cap would be $29,879,256,060 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 86.95, revenue per share of 17.85 and a 2.11% 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.
