Piper Sandler analyst Crispin Love reiterated a Buy rating on Blue Owl Capital (OWL – Research Report) today and set a price target of $23.00. The company’s shares closed last Friday at $17.95.
According to TipRanks, Love is a 4-star analyst with an average return of 8.8% and a 60.26% success rate. Love covers the Real Estate sector, focusing on stocks such as Arbor Realty, AGNC Investment, and Annaly Capital.
Currently, the analyst consensus on Blue Owl Capital is a Strong Buy with an average price target of $21.59, implying a 20.28% upside from current levels. In a report released on May 3, TD Cowen also maintained a Buy rating on the stock with a $21.50 price target.
Based on Blue Owl Capital’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $494.04 million and a net profit of $18.06 million. In comparison, last year the company earned a revenue of $395.51 million and had a net profit of $1.59 million
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Blue Owl Capital (OWL) Company Description:
Altimar Acquisition Corp is a blank check company.
Read More on OWL:
- Blue Owl Capital price target lowered to $21.50 from $23 at TD Cowen
- Blue Owl Capital reports Q1 distributable EPS 17c, consensus 16c
- Blue Owl Capital Inc. First Quarter 2024 Results
- Blue Owl Capital 6M share Block Trade priced at $18.31
- Blue Owl Capital price target raised to $21 from $20 at Deutsche Bank
