Deutsche Bank Starts The Carlyle Group LP (CG) at Hold; Leading Alternative Asset Manager, But Environment Tough

June 12, 2012 7:10 AM EDT
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Price: $49.28 -4.14%

Rating Summary:
    11 Buy, 10 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Deutsche Bank initiates coverage on The Carlyle Group LP (NASDAQ: CG) with a Hold. PT $22.00.

Deutsche analyst says, "CG is a leading global alternative asset manager, and is well positioned to generate healthy growth, returns, and distributions over time given its diversified business model, attractive growth opportunities, and some favorable industry trends. That said, given environmental headwinds, some performance bumps, and valuation, we see limited upside at this time."

For an analyst ratings summary and ratings history on The Carlyle Group LP click here. For more ratings news on The Carlyle Group LP click here.

Shares of The Carlyle Group LP closed at $21.42 yesterday.


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