Analyst Price Target is $20.00
▼ -5.12% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Ares Capital in the last 3 months. The average price target is $20.00, with a high forecast of $22.00 and a low forecast of $17.00. The average price target represents a -5.12% upside from the last price of $21.08.
Current Consensus is
The current consensus among 6 polled investment analysts is to buy stock in Ares Capital. This Buy consensus rating has held steady for over two years.
Ares Capital Corp is a closed-end non-diversified management investment company. The fund targets companies operating in the fields of Health Care Services, Software & Services, Consumer Durables & Apparel, Energy, Food & Beverage, and Retail. It provides financing for buyouts, acquisitions, recapitalizations, restructurings, rescue financing, growth capital and general refinancing. The firm invests in the form of entire capital structure in both debt and equity securities. The company was founded on April 16, 2004 and is headquartered in New York, NY.