Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Ares Capital Corp has a consensus price target of $21.46 based on the ratings of 13 analysts. The high is $23 issued by Truist Securities on May 2, 2024. The low is $20 issued by Wells Fargo on January 29, 2024. The 3 most-recent analyst ratings were released by B. Riley Securities, RBC Capital, and JMP Securities on October 31, 2024, August 5, 2024, and July 30, 2024, respectively. With an average price target of $22 between B. Riley Securities, RBC Capital, and JMP Securities, there's an implied 1.06% upside for Ares Capital Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ares Capital (NASDAQ:ARCC) was reported by B. Riley Securities on October 31, 2024. The analyst firm set a price target for $22.00 expecting ARCC to rise to within 12 months (a possible 1.06% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Ares Capital (NASDAQ:ARCC) was provided by B. Riley Securities, and Ares Capital maintained their neutral rating.
The last upgrade for Ares Capital Corp happened on April 27, 2022 when JP Morgan raised their price target to N/A. JP Morgan previously had a neutral for Ares Capital Corp.
The last downgrade for Ares Capital Corp happened on January 8, 2024 when B. Riley Securities changed their price target from N/A to $21 for Ares Capital Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ares Capital, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ares Capital was filed on October 31, 2024 so you should expect the next rating to be made available sometime around October 31, 2025.
While ratings are subjective and will change, the latest Ares Capital (ARCC) rating was a maintained with a price target of $21.00 to $22.00. The current price Ares Capital (ARCC) is trading at is $21.77, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.