Ares Management LP Unit (NYSE:ARES) price target raised to $25.00 by Morgan Stanley

By Market Exclusive

Analyst Ratings For Ares Management LP Unit (NYSE:ARES)

Today, Morgan Stanley raised its price target on Ares Management LP Unit (NYSE:ARES) to $25.00 per share.

There are 9 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Ares Management LP Unit (NYSE:ARES) is Buy with a consensus target price of $26.8571 per share, a potential 23.59% upside.

Some recent analyst ratings include

  • 8/21/2018-Ares Management LP Unit (NYSE:ARES) gets upgraded to Outperform by Wells Fargo & Co
  • 7/23/2018-Ares Management LP Unit (NYSE:ARES) had its Overweight ➝ $21.50 rating reiterated by JPMorgan Chase & Co. with a $23.00 price target
  • 6/28/2018-Ares Management LP Unit (NYSE:ARES) has coverage initiated with a Buy rating
  • 5/1/2018-Ares Management LP Unit (NYSE:ARES) has coverage initiated with a Outperform ➝ Outperform rating
  • On 8/13/2018Michael R. Mcferran, CFO, bought 7,500 with an average share price of $21.21 per share and the total transaction amounting to $159,075.00.
  • On 12/15/2015 Michael R Mcferran, CFO, bought 10,000 with an average share price of $12.76 per share and the total transaction amounting to $127,600.00.
  • On 12/14/2015 Michael D Weiner, EVP, bought 2,000 with an average share price of $12.75 per share and the total transaction amounting to $25,500.00.
  • On 12/11/2015 Michael D Weiner, EVP, bought 3,000 with an average share price of $13.59 per share and the total transaction amounting to $40,770.00.
  • On 12/2/2015 David B Kaplan, Insider, bought 8,025 with an average share price of $14.41 per share and the total transaction amounting to $115,640.25.
  • On 12/1/2015 David B Kaplan, Insider, bought 13,322 with an average share price of $14.14 per share and the total transaction amounting to $188,373.08.
  • On 11/25/2015Michael J. Arougheti, insider, bought 5,993 with an average share price of $14.11 per share and the total transaction amounting to $84,561.23.

About Ares Management LP Unit (NYSE:ARES)
Ares Management, L.P. operates as an alternative asset manager in the United States, Europe, and Asia. The company’s Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company’s Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. Ares Management, L.P. was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.

Recent Trading Activity for Ares Management LP Unit (NYSE:ARES)
Shares of Ares Management LP Unit closed the previous trading session at 21,78 +0,12 0,55 % with 21.87 shares trading hands.

This article provided by NewsEdge.