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Carlyle Group (CG) Receives a Hold from RBC Capital

Tipranks - Sat Aug 1, 8:54PM CDT

RBC Capital analyst Bart Dziarski maintained a Hold rating on Carlyle Group on July 30 and set a price target of $56.00. The company’s shares closed yesterday at $45.36.

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According to TipRanks, Dziarski is a 2-star analyst with an average return of 0.0% and a 49.15% success rate. Dziarski covers the Financial sector, focusing on stocks such as Carlyle Group, TMX Group, and KKR & Co.

Currently, the analyst consensus on Carlyle Group is a Moderate Buy with an average price target of $58.18, a 28.26% upside from current levels. In a report released on July 22, Morgan Stanley also assigned a Hold rating to the stock with a $57.00 price target.

Based on Carlyle Group’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $189.6 million and a GAAP net loss of $132.2 million. In comparison, last year the company earned a revenue of $807.8 million and had a net profit of $130 million

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