Analysts’ ratings for Ares Capital

Ares Capital’s (ARCC) analyst ratings have improved over the past few months due to rising earnings and originations. So far in February 2017, twelve of the 17 analysts covering the company have rated it as a “buy” or a “strong buy.” Five analysts rated it as a “hold.”

Since January 2017, Ares Capital’s ratings have improved, with its “strong buy” ratings rising from three to four. Its “hold” ratings have fallen from five to four. Analysts have given Ares Capital a one-year price target of $17.15, implying negative growth of 0.25%.

What Analyst Ratings Say about Ares Capital’s Performance

Ares Capital’s competitors

Among Ares Capital’s major closed-end peers, Prospect Capital (PSEC) saw two of eight analysts rate it a “buy” or “strong buy” in January 2017. Three analysts, or ~37.5%, rated it a “hold.” One analyst rated the company an “underperform, ” and two analysts rated it a “sell.” For BlackRock Capital Investment (BKCC), all five analysts covering the stock gave it a “hold.” For Apollo Investment (AINV), four of the 13 analysts covering the stock rated the company a “buy” or “strong buy,” nine analysts gave “hold” ratings, and two analysts gave “underperform” or “sell” ratings. Together, Ares Capital’s competitors make up 6.1% of the PowerShares Global Listed Private Equity ETF (PSP).

Latest articles

19 Jul

Barrick Gold Reaches Deal to Buy Acacia Mining

WRITTEN BY Anuradha Garg

After a long standoff, Barrick Gold (GOLD) and Acacia Mining (ABGLF) have reached an agreement.

19 Jul

Comcast Shares Pop on Goldman's Optimism

WRITTEN BY Ruchi Gupta

Comcast (CMCSA) shares popped after Goldman Sachs issued a positive note on the company recently. Goldman upgraded its rating for Comcast to "buy" from "hold."

19 Jul

Why Analysts Are Bearish on Netflix Stock

WRITTEN BY Aditya Raghunath

Netflix stock fell over 10.0% on Thursday and is down 0.5% today as well.

On Thursday, pet retailer Chewy (CHWY) reported its first-quarter results after the market closed. The company reported its earnings for the first time.

Kenya’s Safaricom and South Africa’s Vodacom want to team up to purchase M-Pesa rights from Vodafone (VOD).

Cleveland-Cliffs (CLF) released its second-quarter results today before the markets opened.