Grosvenor Capital Management (NASDAQ:GCMG – Get Rating) has been given a $10.50 target price by Credit Suisse Group in a note issued to investors on Wednesday, Stock Target Advisor reports. Credit Suisse Group’s price objective suggests a potential upside of 18.78% from the company’s current price.
Separately, Bank of America began coverage on Grosvenor Capital Management in a research note on Wednesday, September 7th. They set a “neutral” rating and a $10.00 target price on the stock.
Grosvenor Capital Management Stock Performance
Shares of NASDAQ GCMG opened at $8.84 on Wednesday. The stock has a market capitalization of $1.65 billion, a PE ratio of 17.00, a price-to-earnings-growth ratio of 3.33 and a beta of 0.36. Grosvenor Capital Management has a 52 week low of $6.26 and a 52 week high of $11.79. The stock has a 50 day moving average price of $8.07 and a 200 day moving average price of $7.84.
Institutional Investors Weigh In On Grosvenor Capital Management
About Grosvenor Capital Management
GCM Grosvenor, Inc provides global alternative asset management solutions. The firm invests on behalf of clients who seek allocations to alternative investments, such as private equity, infrastructure, real estate, credit, and absolute return strategies. It specializes in developing customized portfolios for clients who want an active role in the development of their alternatives programs and also offers multi-client portfolios for investors who desire a turn-key solution for accessing alternative investments.
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