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The Carlyle Group LP CG (NYSE:CG) has been upgraded from Neutral to Buy in a report by Bank of America (Merrill Lynch) today.

Just yesterday The Carlyle Group LP CG (NYSE:CG) traded -0.10% lower at $17.70. The Carlyle Group LP CG’s 50-day moving average is $22.67 and its 200-day moving average is $19.62. The last stock price is down 22.70% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. Trade Volume was down over the average, with 156,713 shares of CG changing hands under the typical 902,163

Bank of America (Merrill Lynch) has upgraded The Carlyle Group LP CG (NYSE:CG) from Neutral to Buy in a report released on 6/08/2017.

Recent Performance Chart

The Carlyle Group LP CG (NYSE:CG)

The Carlyle Group LP CG has PE ratio of 56.38 with a one year low of $14.35 and a one year high of $24.85 and has a market capitalization of $0.

A total of 14 analysts have released a report on the company. 1 broker rating the stock a strong buy, 5 brokers rating the stock a buy, 8 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $19.43.

General Information About The Carlyle Group LP CG (NYSE:CG)

The Carlyle Group L.P. is a diversified multi-product global alternative asset management firm. The Company operates in four segments: Corporate Private Equity (CPE), Real Assets, Global Market Strategies (GMS) and Investment Solutions. Corporate Private Equity advises its buyout and growth capital funds, which pursue various corporate investments of different sizes and growth potentials. As of December 31, 2016, the Real Assets segment advised its 26 active carry funds focused on real estate, infrastructure and energy and natural resources (including power). As of December 31, 2016, the Global Market Strategies segment advised a group of 57 active funds that pursue investment strategies, including leveraged loans and structured credit, energy mezzanine opportunities, middle market lending and distressed debt. Its Investment Solutions segment provides investment opportunities and resources for its investors and clients.

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