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Blackstone Group LP (NYSE:BX) target price raised to $31.48, reported today by Vetr Inc.

Reporting a possible upside of 0.12%, Vetr Inc. upped the price target of Blackstone Group LP (NYSE:BX) to $31.

On 8/02/2016, Jefferies & Co released a statement about Blackstone Group LP(NYSE:BX) bumped the target price from $28.00 to $31.00 that suggested an upside of 0.19%.

Only yesterday Blackstone Group LP (NYSE:BX) traded 0.12% lower at $28.20. Blackstone Group LP’s 50-day average is $27.30 and its two hundred day moving average is $26.77. The last stock price is up 3.76% from the two hundred day moving average, compared to the S&P 500 which has fallen -0.01% over the same time. 2,079,800 shares of Blackstone Group LP traded hands, down from ann average volume of 4,110,180.

Performance Chart:

Blackstone Group LP (NYSE:BX)

Blackstone Group LP has a PE of 54 with a one-year low of $22.31 and a 52 week high of $36.04 and has a market capitalization of $0.0.

A total of 14 firms have released a ratings update on Blackstone Group LP. Five analysts rate the company a strong buy, eight firms rate the stock a buy, four firms rate the company a hold, 0 rate the stock to underperform, and finally 0 brokeragesrate the company as sell with a 12-month target stock price of $32.64

General Company Details For Blackstone Group LP (NYSE:BX)

The Blackstone Group L.P. (Blackstone) is a global alternative asset manager. The Company’s alternative asset management businesses include investment vehicles focused on private equity, real estate, hedge fund solutions, non-investment grade credit, secondary funds and other multi-asset class strategies. Its segments include Private Equity, Real Estate, Hedge Fund Solutions and Credit. Its Private Equity segment focuses on identifying, managing and creating lasting value for its investors. Its Private Equity segment includes corporate private equity funds, tactical opportunities, strategic partners and Blackstone Total Alternatives Solution (BTAS). Its Real Estate segment manages various global, European and Asian focused opportunistic real estate funds, and several real estate debt investment funds and core and real estate investments. Its Hedge Fund Solutions group comprises Blackstone Alternative Asset Management. Its Credit segment consists of GSO Capital Partners LP (GSO).

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