Analyst Views On Top Movers In Recent Trade: The Carlyle Group L.P. (CG), Cerus Corporation (CERS)

The Carlyle Group L.P. (NASDAQ:CG) notched a -4.56% intraday decline moving at $23. When the opening bell rang, the price was $24.45. The number of shares that were traded during the day was 1.49 million, which corresponds to its 3-month volume average of 0.84 million shares a day.

The Carlyle Group L.P. (CG) Analyst Opinion

The Carlyle Group L.P. has a consensus outperform rating from 12 Wall Street analysts, and the number of shares currently sold short amount to at least 0.15% of shares outstanding. The stock sank -5.15% last month and is up 0.44 this year. Wall Street is only getting more bullish on the stock, with 7 of analysts who cover CG having a buy-equivalent rating. Analysts have placed a $28.17 price target on The Carlyle Group L.P., suggesting a 22.48% gain from recent close. It’s currently trading about -11.2% below its 52-week high.

The Carlyle Group L.P. Earnings Surprise

The Carlyle Group L.P. (CG) surprised the stock market in its last reported earnings when it earned $1.01 a piece versus the consensus-estimated $0.62. Its revenue totaled $778.53 million up 42.2% from the previous quarter.

The Carlyle Group L.P. (NASDAQ:CG) Intraday View

This stock (CG) is ahead of its 52-week low with 51.95%. Its last month’s stock price volatility remained 7.77% which for the week stands at 3.76%. The share price has moved backward from its 20 days moving average, trading at a distance of -7.53% and stays -0.99% away from its 50 days moving average. Over the last five days, shares have faced -11.03% losses and now is up 8.64% since hitting its 200-day moving average of $22.55. The Carlyle Group L.P. (CG) has made its way to a 12-month gain of 42.71%.

Turning to Cerus Corporation (NASDAQ:CERS), its shares were trading at $3.95 a retreat of $-0.12, on the trading floor. The stock, after opening at $4.07, touched a high of $4.13 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.8. Cerus Corporation has 2 buy ratings, 1 holds and 0 sells even after the stock tumbled -27.26% from its high of $5.43 to a $456.46 million market value through last close.

Cerus Corporation (CERS) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 1.8 to 1.8 during a month. Analysts set a 12-month price target of $6.4 a share. The target implies a 62.03% spike from where the shares are currently trading. Also, the current price highlights a discount of 127.85% to analysts’ high consensus price target.

Cerus Corporation (NASDAQ:CERS) Intraday Trading

The counter witnessed a trading volume of 1.16 million shares versus an average volume of 1.22 million shares during last trading session. Its last month’s stock price volatility remained 5.88% which for the week approaches 5.2%. The lowest price the stock reached in the last trading day was $3.95 and compares with the $1.93 52-week low. The stock recovered 104.66% since its low point and has performed 16.86% year-to-date.

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