Analysts Offer Insights on Financial Companies: Bluerock Residential Growth (NYSE: BRG), Carlyle Group (NASDAQ: CG) and Hertz Global Holdings Inc (NYSE: HTZ)

By Austin Angelo

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Bluerock Residential Growth (NYSE: BRG), Carlyle Group (NASDAQ: CG) and Hertz Global Holdings Inc (NYSE: HTZ).

Bluerock Residential Growth (NYSE: BRG)

In a report released today, James Lykins from D.A. Davidson reiterated a Buy rating on Bluerock Residential Growth (NYSE: BRG), with a price target of $15. The company’s shares closed yesterday at $12.10.

According to TipRanks.com, Lykins is a 2-star analyst with an average return of 0.6% and a 33.3% success rate. Lykins covers the Financial sector, focusing on stocks such as Preferred Apartment Communities, Retail Opportunity Investments, and NexPoint Residential Trust Inc.

Bluerock Residential Growth has an analyst consensus of Strong Buy, with a price target consensus of $16.

Carlyle Group (NASDAQ: CG)

Credit Suisse analyst Robert Reynolds reiterated a Buy rating on Carlyle Group (NASDAQ: CG) yesterday and set a price target of $10.25. The company’s shares closed yesterday at $15.10.

According to TipRanks.com, Reynolds is a 3-star analyst with an average return of 21.0% and a 75.0% success rate. Reynolds covers the Basic Materials sector, focusing on stocks such as Alamos Gold, Inc., Newmont Mining, and Kinross Gold.

Currently, the analyst consensus on Carlyle Group is Moderate Buy and the average price target is $27, representing a 78.8% upside.

In a report issued on October 26, Oppenheimer also assigned a Buy rating to the stock with a $27 price target.
Hertz Global Holdings Inc (NYSE: HTZ)

In a report released yesterday, Anjaneya Singh from Credit Suisse reiterated a Hold rating on Hertz Global Holdings Inc (NYSE: HTZ), with a price target of $48. The company’s shares closed yesterday at $35.74.

Singh wrote:

“We expect this update to weigh heavily on shares, and believe a miss of this magnitude was largely unexpected. Furthermore, this update may cast significant doubts around the company’s go forward margin targets as had been shared last November at its analyst day.”

According to TipRanks.com, Singh is a 4-star analyst with an average return of 10.3% and a 58.6% success rate. Singh covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, Nord Anglia Education, and Performant Financial.

Currently, the analyst consensus on Hertz Global Holdings Inc is Moderate Buy and the average price target is $57, representing a 59.5% upside.

In a report released today, Deutsche Bank also downgraded the stock to Hold.