4 Analysts Assess Ares Management: What You Need To Know
Portfolio Pulse from Benzinga Insights
Four analysts have recently updated their evaluations of Ares Management (NYSE:ARES), showing a mix of ratings from somewhat bullish to indifferent. The average 12-month price target for ARES has been raised to $121.75, indicating an 8.06% increase from the previous target. Analysts from RBC Capital, Morgan Stanley, Wells Fargo, and Jefferies have adjusted their ratings and price targets, reflecting their outlook on the company's performance. Ares Management's financial performance shows strong revenue growth but challenges in net margin, ROA, and a high debt-to-equity ratio.
February 06, 2024 | 8:00 pm
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Ares Management's average 12-month price target has been raised to $121.75, reflecting a positive outlook from analysts despite mixed ratings. The company shows strong revenue growth but faces challenges in profitability and high leverage.
The increase in the average 12-month price target for ARES, along with the mixed but overall positive adjustments in analyst ratings, suggests a cautiously optimistic outlook for the stock. The strong revenue growth indicates good top-line performance, which is a positive sign for investors. However, the challenges in maintaining high profitability and the high debt-to-equity ratio could be areas of concern. The overall positive adjustments in price targets and ratings from analysts, despite these challenges, suggest that the market may view these issues as manageable in the short term, potentially leading to a positive impact on ARES's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100