Barclays analyst Jeremy Campbell maintained a Hold rating on Carlyle Group (CG) yesterday and set a price target of $31.00. The company’s shares closed last Monday at $29.43, close to its 52-week high of $30.30.
According to TipRanks.com, Campbell is a 3-star analyst with an average return of 2.8% and a 58.7% success rate. Campbell covers the Financial sector, focusing on stocks such as Virtus Investment Partners, Intercontinental Exchange, and Apollo Global Management.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Carlyle Group with a $30.25 average price target, a 3.6% upside from current levels. In a report issued on December 4, Credit Suisse also maintained a Hold rating on the stock with a $28.00 price target.
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Carlyle Group’s market cap is currently $3.45B and has a P/E ratio of 10.48. The company has a Price to Book ratio of 3.89.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CG in relation to earlier this year.
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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.
