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KBW Remains a Hold on Carlyle Group (CG)

Tipranks - Tipranks - Fri Aug 7, 5:58AM CDT

In a report released today, Christopher Allen from KBW maintained a Hold rating on Carlyle Group, with a price target of $50.00.

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According to TipRanks, Allen is a 5-star analyst with an average return of 21.3% and a 72.03% success rate. Allen covers the Financial sector, focusing on stocks such as CME Group, Interactive Brokers, and Charles Schwab.

In addition to KBW, Carlyle Group also received a Hold from RBC Capital’s Bart Dziarski in a report issued on July 30. However, today, Citizens JMP maintained a Buy rating on Carlyle Group (NASDAQ: CG).

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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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