Zacks Investment Research downgraded The Carlyle Group LP (NASDAQ:CG) to Hold in a statement released earlier today.
- Updated: October 10, 2016
Boasting a price of $15.55, The Carlyle Group LP (NASDAQ:CG) traded 0.13% higher on the day. With the last stock price close down -4.23% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. The Carlyle Group LP has recorded a 50-day average of $15.66 and a two hundred day average of $16.24. Volume of trade was down over the average, with 149,418 shares of CG changing hands under the typical 454,912
Zacks Investment Research has downgraded The Carlyle Group LP (NASDAQ:CG) to Hold in a statement released on 10/10/2016.
On 10/4/2016, Zacks Investment Research released a statement for The Carlyle Group LP (NASDAQ:CG) bumped up the target price from $0.00 to $17.00 that suggested an upside of 0.10%.
With a total market value of $0, The Carlyle Group LP has with a one year low of $11.25 and a one year high of $20.65 .
A total of 14 equity analysts have released a research note on CG. One equity analyst rating the company a strong buy, five equity analysts rating the company a buy, eight equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $19.43.
More About The Carlyle Group LP (NASDAQ:CG)
The Carlyle Group L.P. is a diversified multi-product global alternative asset management firm. The Company advises on a range of investment funds and other investment vehicles that invests across a range of industries, geographies, asset classes and investment strategies, and seeks to deliver returns for its fund investors. It operates in four segments: Corporate Private Equity (CPE), Global Market Strategies (GMS), Real Assets and Investment Solutions. The CPE segment advises its buyout and growth capital funds and focuses on Buyout Funds and Growth Capital Funds areas. The GMS segment advises a group of active funds. The Real Assets segment advises its approximately 30 active carry funds focused on real estate, infrastructure, and energy and natural resources. The Investment Solutions segment provides investment opportunities and resources for its investors and clients, and focuses on private equity secondary investments and real estate, funds of funds and co-secondary investments.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.