In a report released today, Michael Cyprys from Morgan Stanley maintained a Buy rating on Oaktree Capital Group Llc (OAK), with a price target of $48. The company’s shares closed yesterday at $40.68.
According to TipRanks.com, Cyprys is a 3-star analyst with an average return of 2.2% and a 49.1% success rate. Cyprys covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Victory Capital Holdings Inc, and Virtus Investment Partners.
Oaktree Capital Group Llc has an analyst consensus of Moderate Buy, with a price target consensus of $48.
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Based on Oaktree Capital Group Llc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $56.66 million. In comparison, last year the company had a net profit of $45.84 million.
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Oaktree Capital Group LLC is an investment management company. It focuses on the investments in distressed debt, corporate debt, controls investing, convertible securities, real estate, and listed equities.
