What Are Wall Street Analysts' Target Price for Blackstone Stock?

Valued at a market cap of $126.2 billion, Blackstone Inc. (BX) is an asset manager of alternative investments and a provider of financial advisory services. Based in New York, the company specializes in private equity, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity, and multi-asset class strategies. 

This asset manager’s shares have outperformed the broader market over the past 52 weeks. BX has soared 44.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained 22.6%. However, the stock is up 1.4% on a YTD basis, lagging behind SPX’s 3.1% rise during the same time frame.