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TPG (TPG) Gets a Hold Rating from Morgan Stanley

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Morgan Stanley analyst Michael Cyprys maintained a Hold rating on TPG (TPGResearch Report) today and set a price target of $33.00. The company’s shares closed last Tuesday at $27.89.

According to TipRanks.com, Cyprys is a 4-star analyst with an average return of 5.9% and a 54.5% success rate. Cyprys covers the Financial sector, focusing on stocks such as BrightSphere Investment Group, Virtus Investment Partners, and Intercontinental Exchange.

TPG has an analyst consensus of Moderate Buy, with a price target consensus of $33.00, which is a 20.1% upside from current levels. In a report issued on May 11, BMO Capital also maintained a Hold rating on the stock with a $35.00 price target.

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The company has a one-year high of $35.40 and a one-year low of $24.78. Currently, TPG has an average volume of 589K.

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TPG Inc is a global alternative asset firm. It invests across five multi-product platforms namely Capital, Growth, Impact, Real Estate, and Market Solutions. TPG aims to build dynamic products and options for its clients while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio.

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