StepStone Group (STEP, Financial) has expanded its European presence by opening a new office in Dublin. The subsidiary, StepStone Group Europe Alternative Investment Limited, is a regulated alternative investment fund manager under the oversight of the Central Bank of Ireland. The new office is located at One Haddington Buildings, Dublin 4, marking a significant step in the company’s growth strategy in the region.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for StepStone Group Inc (STEP, Financial) is $55.29 with a high estimate of $74.00 and a low estimate of $41.00. The average target implies an downside of 5.38% from the current price of $58.43. More detailed estimate data can be found on the StepStone Group Inc (STEP) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, StepStone Group Inc's (STEP, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for StepStone Group Inc (STEP, Financial) in one year is $60.37, suggesting a upside of 3.32% from the current price of $58.43. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the StepStone Group Inc (STEP) Summary page.
