- Blackstone partners with Vanguard and Wellington Management to offer new multi-asset investment solutions.
- Analysts predict a potential 16.43% upside for Blackstone's stock, with a high forecast of $207.00.
- GuruFocus estimates a 58.96% upside based on GF Value metrics.
Asset manager Blackstone (BX, Financial) is spearheading an exciting collaboration with Vanguard and Wellington Management to develop groundbreaking multi-asset investment solutions. These new offerings seek to seamlessly integrate public and private market strategies alongside active and index methodologies, aiming to democratize access that was once predominantly available to large-scale institutions. Stay tuned as more details are projected to emerge in the upcoming months.
Wall Street Analysts Predict Upside for Blackstone
Drawing insights from a panel of 19 analysts, the average one-year price target for Blackstone Inc (BX, Financial) stands at $154.74. While some analysts have reached a high estimate of $207.00, others foresee a low of $128.00. This average target represents a potential upside of 16.43% from Blackstone's current trading price of $132.91. Investors interested in more granular estimate data can explore the Blackstone Inc (BX) Forecast page.
Further reinforcing investor confidence, Blackstone Inc's (BX, Financial) average brokerage recommendation, gathered from 23 brokerage firms, is currently at 2.4, indicating an "Outperform" rating. This recommendation scale stretches from 1 to 5, where a rating of 1 implies a Strong Buy, and 5 indicates a Sell.
GF Value Suggests Significant Potential Growth
According to GuruFocus estimates, the projected GF Value for Blackstone Inc (BX, Financial) over the next year is $211.26. This forecast suggests a noteworthy upside of 58.96% from its current price of $132.91. The GF Value is GuruFocus' evaluation of the fair price for the stock, calculated utilizing Blackstone's historical trading multiples, past business growth, and future business performance forecasts. For those seeking a more in-depth analysis, detailed information can be accessed on the Blackstone Inc (BX) Summary page.
