Key Highlights:
- Blackstone teams up with Vanguard and Wellington Management to create new investment solutions.
- Analysts predict a significant upside for Blackstone's stock, with a potential value increase of over 18%.
- GuruFocus estimates a promising 55.29% potential growth based on the GF Value metric.
Blackstone (NYSE: BX), a leader in alternative investments, has strategically allied with Vanguard and Wellington Management to develop innovative multi-asset investment solutions. This collaboration aims to capitalize on the strengths of each firm, enhancing long-term growth opportunities in alternative asset management.
Wall Street Analysts' Forecast
According to 19 analysts' one-year price targets, Blackstone Inc (BX, Financial) could reach an average price of $152.68, with projections ranging from $128.00 to a high of $207.00. This average target suggests a potential upside of 18.01% from its current trading price of $129.38. Investors seeking more in-depth insights can visit the Blackstone Inc (BX) Forecast page.
Moreover, consensus from 23 brokerage firms maintains an "Outperform" status for Blackstone, reflected in an average brokerage recommendation of 2.4. The recommendation scale extends from 1 (Strong Buy) to 5 (Sell), indicating favorable analyst sentiment towards Blackstone's market performance.
Leveraging GuruFocus' proprietary analysis, the projected GF Value of Blackstone Inc (BX, Financial) in one year is anticipated to be $200.92. This valuation hints at a substantial 55.29% growth from its current price level. The GF Value is derived from historical trading multiples, past business growth, and projected future performance. For more comprehensive data, investors can explore the Blackstone Inc (BX) Summary page.
