Ares Management (ARES)
(Delayed Data from NYSE)
$156.66 USD
+0.15 (0.10%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $156.65 -0.01 (-0.01%) 7:58 PM ET
3-Hold of 5 3
F Value F Growth D Momentum F VGM
Ares Management (ARES) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$150.43 | $177.00 | $133.00 | -3.88% |
Price Target
Based on short-term price targets offered by 14 analysts, the average price target for Ares Management comes to $150.43. The forecasts range from a low of $133.00 to a high of $177.00. The average price target represents a decline of 3.88% from the last closing price of $156.51.
Analyst Price Targets (14)
Broker Rating
Ares Management currently has an average brokerage recommendation (ABR) of 2.06 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 16 brokerage firms. The current ABR compares to an ABR of 2.00 a month ago based on 15 recommendations.
Of the 16 recommendations deriving the current ABR, seven are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 43.75% and 6.25% of all recommendations. A month ago, Strong Buy made up 46.67%, while Buy represented 6.67%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 7 | 7 | 7 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 8 | 8 | 7 | 7 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.06 | 2.06 | 2.00 | 2.00 | 2.00 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/12/2024 | Wells Fargo Securities | Finian Oshea | Hold | Hold |
8/27/2024 | Atlantic Equities | Nicholas Watts | Not Available | Hold |
8/5/2024 | Keefe Bruyette & Woods | Kyle K Voigt | Hold | Hold |
8/2/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/10/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/22/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
5/9/2024 | Not Identified | Not Identified | Hold | Hold |
5/7/2024 | Cowen & Co. | William R Katz | Not Available | Strong Buy |
4/12/2024 | UBS | Joseph W Parkhill | Strong Buy | Strong Buy |
4/9/2024 | JMP Securities | Brian Mckenna | Hold | Hold |
3/29/2024 | Goldman Sachs | Alexander Blostein | Hold | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.06 |
ABR (Last week) | 2.06 |
# of Recs in ABR | 16 |
Average Target Price | $150.43 |
LT Growth Rate | 25.60% |
Industry | Financial - Investment Management |
Industry Rank by ABR | 140 of 253 |
Current Quarter EPS Est: | 0.96 |
ARES FAQs
Ares Management Corporation (ARES) currently has an average brokerage recommendation (ABR) of 2.06 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 16 brokerage firms.
The average price target for Ares Management Corporation (ARES) is $150.43. The current on short-term price targets is based on 7 reports.
The forecasts for Ares Management Corporation (ARES) range from a low of $133 to a high of $177. The average price target represents a decline of $3.98 from the last closing price of $156.66.
The current DOWNSIDE for Ares Management Corporation (ARES) is 3.98%
Based on short-term price targets offered by 14 analysts, the average price target for Ares Management comes to $150.43. The forecasts range from a low of $133.00 to a high of $177.00. The average price target represents a decline of 3.88% from the last closing price of $156.51.