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TPG (TPG) Receives a Hold from Evercore ISI

Evercore ISI analyst Glenn Schorr maintained a Hold rating on TPG (TPGResearch Report) yesterday and set a price target of $33.00. The company’s shares closed last Tuesday at $31.25.

According to TipRanks.com, Schorr is a 4-star analyst with an average return of 8.4% and a 60.4% success rate. Schorr covers the Financial sector, focusing on stocks such as BrightSphere Investment Group, Apollo Global Management, and JPMorgan Chase & Co.

Currently, the analyst consensus on TPG is a Moderate Buy with an average price target of $37.71, representing a 25.9% upside. In a report released yesterday, Citigroup also maintained a Hold rating on the stock with a $32.00 price target.

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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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