The Carlyle Group LP CG (NYSE:CG) has been upgraded from Neutral to Buy in a report by Bank of America Corp earlier today.

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Boasting a price of $17.70, The Carlyle Group LP CG (NYSE:CG) traded -0.10% lower on the day. The last stock price is down 22.70% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. The company has recorded a 50-day moving average of $22.67 and a 200-day moving average of $19.62. 156,713 shares of The Carlyle Group LP CG exchanged hands, down from an avg. volume of 902,163

Bank of America Corp has upgraded The Carlyle Group LP CG (NYSE:CG) from Neutral to Buy in a statement released on 6/08/2017.

Performance Chart

The Carlyle Group LP CG (NYSE:CG)

The Carlyle Group LP CG has PE ratio of 56.38 with a 52 week low of $14.35 and a 52 week high of $24.85 and has a market cap of $0.

Also covering The Carlyle Group LP CG's target, a total of 14 equity analysts have released a report on The Carlyle Group LP CG. The 12-month price target is $19.43 with one broker rating the stock a strong buy, 5 brokers rating the stock a buy, 8 brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About The Carlyle Group LP CG (NYSE:CG)

The Carlyle Group L.P. is a diversified multi-product global alternative asset management firm. The Company operates in four segments: Corporate Private Equity (CPE), Real Assets, Global Market Strategies (GMS) and Investment Solutions. Corporate Private Equity advises its buyout and growth capital funds, which pursue various corporate investments of different sizes and growth potentials. As of December 31, 2016, the Real Assets segment advised its 26 active carry funds focused on real estate, infrastructure and energy and natural resources (including power). As of December 31, 2016, the Global Market Strategies segment advised a group of 57 active funds that pursue investment strategies, including leveraged loans and structured credit, energy mezzanine opportunities, middle market lending and distressed debt. Its Investment Solutions segment provides investment opportunities and resources for its investors and clients.

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