Key Takeaways:
- Blackstone partners with Vanguard and Wellington Management to offer innovative mixed-asset investment solutions.
- Analysts remain optimistic about Blackstone with a forecasted average price increase of 18.01% from current levels.
- GuruFocus estimates a significant upside potential of 55.29% based on the GF Value calculation.
Blackstone (BX, Financial) is making strategic moves to appeal to individual investors by collaborating with Vanguard and Wellington Management. This partnership aims to provide investment solutions that blend private and public assets, enhancing accessibility for Main Street portfolios through financial advisers. Despite these innovative efforts, Blackstone's stock has faced a 22% decline this year amidst market fluctuations.
Analysts Maintain Optimistic Outlook for Blackstone
Wall Street analysts have set a bullish tone for Blackstone Inc (BX, Financial), positing an average one-year price target of $152.68. This estimate encompasses a high of $207.00 and a low of $128.00, signaling an expected upside of 18.01% from the current trading price of $129.38. For a deeper dive into these projections, visit the Blackstone Inc (BX) Forecast page.
The consensus among 23 brokerage firms rates Blackstone Inc (BX, Financial) at an averagely positive 2.4, categorizing it as an "Outperform." The rating scale, spanning from 1 (Strong Buy) to 5 (Sell), underscores analysts' confidence in the company's market performance.
Significant Upside Potential According to GuruFocus
GuruFocus estimates an impressive GF Value for Blackstone Inc (BX, Financial) at $200.92 in one year, predicting a substantial upside of 55.29% from the current stock price of $129.38. The GF Value metric provides an insightful estimate of the stock's fair trading value, derived from historical trading multiples and future business performance forecasts. For more comprehensive insights, access the Blackstone Inc (BX) Summary page.
