Oppenheimer analyst Allison M. Taylor maintained a Buy rating on Carlyle Group (NASDAQ: CG) today and set a price target of $35. The company’s shares closed yesterday at $23.75.
According to TipRanks.com, Taylor is a 3-star analyst with an average return of 8.9% and a 81.8% success rate. Taylor covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Ares Capital Corp, and Ares Management.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Carlyle Group with a $30.33 average price target, implying a 27.7% upside from current levels. In a report issued on July 11, Jefferies also reiterated a Buy rating on the stock with a $27 price target.
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The company has a one-year high of $25.90 and a one-year low of $19.50. Currently, Carlyle Group has an average volume of 574.8K.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is negative on the stock.
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The Carlyle Group LP engages in a multi-product global alternative asset management. It operates though the following segments: Corporate Private Equity, Real Assets, Global Market Strategies, and Investment Solutions.
