Price Target Analysis of The Blackstone Group L.P. (NYSE:BX)

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The Blackstone Group L.P. (NYSE:BX) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.

The Blackstone Group L.P. (NYSE:BX) lost -0.49 Percent and closed its previous trading session at $34.26. The stock traded with the average Volume of 5.59 Million at the end of last session.

The Blackstone Group L.P. (NYSE:BX) has the Market Capitalization of 40.35 Billion. The Stock has its 52-week High of $37.52 and 52-Week Low of $28.85 and it touched its 52-week high on 02/01/18 and 52-Week Low on 04/13/17.

The company reported its last earnings Actual EPS of $0.71/share. While, the analyst predicted that the company could provide an EPS of $0.67/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.04/share which shows an Earnings Surprise of 6 Percent.

Sell side analysts plays vital role in buying and selling a stock where 4 analysts rated The Blackstone Group L.P. (NYSE:BX) as Buy, 0 analysts given Outperform signal, 1 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 1.06% where SMA50 and SMA200 are -0.2% and 3.26% respectively.

The company shows its Return on Assets (ROA) value of 4.7%. The Return on Equity (ROE) value stands at 22.3%. While it’s Return on Investment (ROI) value is 18.3%.

The Blackstone Group L.P. (NYSE:BX) currently has a Weekly Volatility of 1.62% percent while its Monthly Volatility is at 2.05% percent. While talking about Performance of the Stock, The Blackstone Group L.P. currently has a Weekly performance of 1.93%, monthly performance percentage is 3.98 percent, Quarterly performance is 6.43 percent, 6 months performance shows a percent value of 6.56% and Yearly Performance is 12.88 percent.

Company Profile:

Blackstone is one of the world’s leading investment and advisory firms. Their alternative asset management businesses include the management of corporate private equity funds, real estate funds, funds of hedge funds, credit-oriented funds, collateralized loan obligation vehicles (CLOs) and closed-end mutual funds. The Blackstone Group also provides various financial advisory services, including mergers and acquisitions advisory, restructuring and reorganization advisory and fund placement services.

 

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