Blackstone Inc. found using the ticker (BX) now have 12 analysts covering the stock. Analyst consensus points to a buy rating. The range between the high target price and the low target price is between 180 and 103 with an average TP of 141.42. Now, with the previous closing price of 97.36, this would indicate that there is 45.3% upside potential. The 50-day moving average is 103.81 and the 200-day moving average is 120.6. The company has a market capitalization of $114,932 million. Visit the company’s website at: https://www.blackstone.com
The potential market capitalization would be $166,943 million based on market consensus.
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Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt, and equity and multi-investment strategies. asset classes. The company generally invests in start-up companies. It also provides capital markets services. The real estate segment specializes in opportunistic core+ investments as well as leveraged investment opportunities secured by commercial real estate and income-oriented stabilized commercial real estate in North America, Europe and Asia. The company’s corporate private equity business pursues transactions around the world through a variety of transaction types, including large buyouts, special situations, distressed mortgages, corporate buyouts mid-cap, buy and build platforms, which involves multiple acquisitions behind a single management team and platform. , and growth/development capital projects involving significant controlling interests in holding companies and minority investments in operating companies, shipping, real estate, business or consumer loans, and alternative energy development projects in energy and power, real estate, dislocated markets, shipping opportunities, financial institution breakups, reinsurance and improving goods mobility, financial services, healthcare, life sciences, enterprise technologies and consumer technologies. The fund plans to invest in Asia and Latin America. It has a three-year investment period. Its hedge fund business manages a wide range of blended and customized fund solutions and its credit business focuses on lower quality corporate loans and securities spread across the capital structure, including senior debt, subordinated debt , preferred stock and common stock. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York, with additional offices in Asia, Europe and North America.