Ares Management Corporation with ticker code (ARES) have now 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 133 and 96 calculating the mean target price we have $116.27. Now with the previous closing price of $110.28 this now indicates there is a potential upside of 5.4%. It’s also worth noting that there is a 50 day moving average of $102.84 and the 200 day moving average is $89.24. The company has a market cap of 33.84B. The stock price is currently at: 111.14 USD
The potential market cap would be $35,682,652,576 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 66.55, revenue per share of 20.41 and a 2.47% 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.
