How Wall Street Analysts View Alternative Asset Managers
Six of 14 analysts currently covering Blackstone stock gave “strong buy” ratings. Six analysts gave “buy” ratings, and the remaining two analysts gave “hold” ratings.
Carlyle Group’s Private Equity division has generated net performance fees of $638 million on an LTM basis.
Blackstone’s price-to-book ratio stood at ~3.1x, and Carlyle Group’s price-to-book ratio stood at 4.5x.
Negative Earning Trends Led to Pessimism among Small Businesses
The overall business sentiment among small business owners remains subdued and less optimistic during this holiday season.
According to the NFIB, the small business optimism index remained unchanged at 96.1 in October. The reading was below the consensus estimate of 96.4.
According to the NFIB, the Small Business Optimism Index increased to 96.1 index points in September 2015, compared to its 95.9 level in August.