Sandler O’Neill Initiates Coverage on Oaktree Capital Group LLC (OAK)

By admin | 6 years ago

Investment analysts at Sandler O’Neill began coverage on shares of Oaktree Capital Group LLC (NYSE: OAK) in a note issued to investors on Tuesday. The firm set a “buy” rating on the stock.

Shares of Oaktree Capital Group LLC traded up 0.26% during mid-day trading on Tuesday, hitting $38.80. Oaktree Capital Group LLC has a 52 week low of $35.00 and a 52 week high of $42.55. The company’s market cap is $1.186 billion.

A number of other firms have also recently commented on OAK. Analysts at Morgan Stanley (NYSE: MS) initiated coverage on shares of Oaktree Capital Group LLC in a research note to investors on Tuesday. They set an “overweight” rating and a $55.00 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods initiated coverage on shares of Oaktree Capital Group LLC in a research note to investors on Tuesday. They set a “market perform” rating on the stock. Finally, analysts at Deutsche Bank (NYSE: DB) initiated coverage on shares of Oaktree Capital Group LLC in a research note to investors on Tuesday. They set a “hold” rating and a $42.00 price target on the stock.

Oaktree Capital Group, LLC (Oaktree) is a global investment management firm focused on alternative markets.

About the author