
UBS Group Issues Pessimistic Forecast for Ares Capital (NASDAQ:ARCC) Stock Price

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UBS Group has lowered its price target for Ares Capital (NASDAQ:ARCC) from $22.00 to $21.00, maintaining a "neutral" rating. This adjustment suggests a potential upside of 2.46% from the current stock price. Other analysts have varied opinions, with some downgrading the stock while others have raised their targets. Ares Capital's stock recently traded at $20.50, with a market cap of $14.03 billion and a price-to-earnings ratio of 8.37. The company reported earnings of $0.55 per share, missing estimates by $0.03.
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