Citizens JMP analyst Brian McKenna reiterated a Buy rating on Carlyle Group (CG – Research Report) today and set a price target of $58.00. The company’s shares closed yesterday at $47.21.
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According to TipRanks, McKenna is a 5-star analyst with an average return of 26.3% and a 67.74% success rate. McKenna covers the Financial sector, focusing on stocks such as Ares Management, Capital Southwest, and Hercules Capital.
The word on The Street in general, suggests a Hold analyst consensus rating for Carlyle Group with a $47.38 average price target.
CG market cap is currently $16.92B and has a P/E ratio of 15.83.
Read More on CG:
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- Carlyle Group Stock (CG) Climbs on $1.3B Trucordia Investment
- Trucordia to receive $1.3B investment from Carlyle’s Global Credit platform
- Bluebird Bio announces completion of sale to fund managed by Carlyle, SK
- BASF starts $6.8B sale of its coatings business, Bloomberg reports