Analyst Scoreboard: 8 Ratings For Ares Management
Portfolio Pulse from Benzinga Insights
Ares Management (NYSE:ARES) received diverse analyst ratings over the last three months, with a total of 8 ratings ranging from bullish to indifferent. The average 12-month price target for ARES has been raised to $145.88, marking a 6.29% increase from the previous target of $137.25. Analyst actions included both upgrades and downgrades, with price targets adjusted accordingly. Ares Management's financial performance shows strong revenue growth and ROE, but challenges in net margin, ROA, and debt management.
May 03, 2024 | 5:00 pm
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Ares Management received a mix of analyst ratings, with an updated average 12-month price target of $145.88. The company shows strong revenue growth and ROE, but faces challenges in net margin, ROA, and debt management.
The diverse analyst ratings and the upward revision of the average 12-month price target suggest a positive outlook for ARES, despite some financial challenges. The strong revenue growth and ROE are likely to positively influence investor sentiment in the short term, while the issues in net margin, ROA, and debt management could be areas of concern. The overall positive adjustment in price targets by analysts indicates a bullish sentiment, which could lead to short-term price appreciation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100