Forecasting The Future: 5 Analyst Projections For Ares Capital
Portfolio Pulse from Benzinga Insights
Over the past three months, five analysts have evaluated Ares Capital (NASDAQ:ARCC), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased to $22.0, with a high estimate of $23.00 and a low estimate of $21.00. Recent analyst actions include rating adjustments and price target increases, reflecting positive sentiment towards the company.
May 23, 2024 | 3:00 pm
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POSITIVE IMPACT
Analysts have shown a positive sentiment towards Ares Capital, with an increased average price target of $22.0. Recent ratings are mostly bullish, indicating confidence in the company's future performance.
The increase in the average price target and the majority of bullish ratings suggest that analysts are optimistic about Ares Capital's future performance. This positive sentiment is likely to have a favorable impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100