Ares Management Corp Class A (NYSE:ARES) has coverage initiated with a Overweight rating and $33.00 price target

ME Staff
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Analyst Ratings For Ares Management Corp Class A (NYSE:ARES)

Today, Barclays initiated coverage on Ares Management Corp Class A (NYSE:ARES) with a Overweight with a price target of $33.00.

There are 6 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Ares Management Corp Class A (NYSE:ARES) is Buy with a consensus target price of $28.50 per share, a potential 0.77% downside.

Some recent analyst ratings include

  • 8/5/2019-Ares Management Corp Class A (NYSE:ARES) has coverage initiated with a Overweight rating and $33.00 price target
  • 1/4/2019-Ares Management Corp Class A (NYSE:ARES) gets upgraded to Buy by Goldman Sachs Group with a price target of $23.00
  • 8/21/2018-Ares Management Corp Class A (NYSE:ARES) gets upgraded to Outperform by Wells Fargo & Co
  • On 7/15/2019 Michael J. Arougheti, CEO, sold 127,400 with an average share price of $28.30 per share and the total transaction amounting to $3,605,420.00.
  • On 7/11/2019 Michael J. Arougheti, CEO, sold 274,712 with an average share price of $27.67 per share and the total transaction amounting to $7,601,281.04.
  • On 7/8/2019 Michael J. Arougheti, CEO, sold 127,490 with an average share price of $27.00 per share and the total transaction amounting to $3,442,230.00.
  • On 7/5/2019 Michael J. Arougheti, CEO, sold 31,266 with an average share price of $27.09 per share and the total transaction amounting to $846,995.94.
  • On 7/2/2019 Michael J. Arougheti, CEO, sold 253,922 with an average share price of $26.52 per share and the total transaction amounting to $6,734,011.44.
  • On 6/27/2019 Michael J. Arougheti, CEO, sold 78,801 with an average share price of $25.96 per share and the total transaction amounting to $2,045,673.96.
  • On 6/27/2019 R. Kipp Deveer, Insider, sold 132,577 with an average share price of $26.08 per share and the total transaction amounting to $3,457,608.16.

About Ares Management Corp Class A (NYSE:ARES)
Ares Management Corporation 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. Read More…

Recent Trading Activity for Ares Management Corp Class A (NYSE:ARES)
Shares of Ares Management Corp Class A closed the previous trading session at 28.72 up +0.060 0.21% with 28.78 shares trading hands.