Zacks Rating on Fortress Investment Group LLC (FIG)

Fortress Investment Group LLC (FIG) : 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Fortress Investment Group LLC (FIG). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 4 Wall Street Analysts endorse the stock as a Hold with a rating of 2.75.

Fortress Investment Group LLC (FIG) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $10 and the lowest price target forecast is $5. The average forecast of all the analysts is $7.67 and the expected standard deviation is $2.52.


Fortress Investment Group LLC has dropped 2.52% in the last five trading days, however, the shares have posted positive gains of 6.49% in the last 4 weeks. Fortress Investment Group LLC is up 4.33% in the last 3-month period. Year-to-Date the stock performance stands at 6.52%. Fortress Investment Group LLC (NYSE:FIG): stock turned positive on Tuesday. Though the stock opened at $4.97, the bulls momentum made the stock top out at $5.07 level for the day. The stock recorded a low of $4.96 and closed the trading day at $5.03, in the green by 1.62%. The total traded volume for the day was 284,849. The stock had closed at $4.95 in the previous days trading.

Fortress Investment Group LLC (Fortress) is an investment management firm with approximately $67.5 billion in assets under management (AUM) as of December 31, 2014. Its business is to sponsor the formation of, and provide investment management services for, various investment funds and companies, including related managed accounts (collectively, the Fortress Funds). Fortress makes investments in these funds. Fortress has three primary sources of income from the Fortress Funds: management fees, incentive income and investment income on its investments in the funds. The Fortress Funds fall into four business segments in which Fortress operates: Private equity, focuses on control-oriented investments; Liquid hedge funds, invests in fixed income, currency, equity and commodity markets, and related derivatives; Credit funds, invests in direct lending, corporate debt and securities, real estate and structured finance, and Logan Circle, an asset management business.

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