In a report released yesterday, Gerald O’Hara from Jefferies reiterated a Buy rating on Blackstone Group (NYSE: BX), with a price target of $44. The company’s shares opened today at $34.70.
O’Hara has an average return of 19.3% when recommending Blackstone Group.
According to TipRanks.com, O’Hara is ranked #346 out of 4897 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Blackstone Group with a $44.44 average price target.
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Blackstone Group’s market cap is currently $23.43B and has a P/E ratio of 13.38. The company has a Price to Book ratio of 3.32.
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock.
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Blackstone Group LP engages in the provision of investment and fund management services. It operates through the following segments: Private Equity, Real Estate, Hedge Fund Solutions, and Credit.
