Impact of Brokerage Rating on Apollo Global Management, LLC(APO)

Many Apollo Global Management, LLC(APO) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Apollo Global Management LLC was Upgraded by Wells Fargo to Outperform on Feb 6, 2017. Apollo Global Management LLC was Upgraded by Goldman to Buy on Jan 4, 2017.

Company has reported several Insider transactions to the SEC, on Feb 7, 2017, John J Suydam (Chief Legal Officer) sold 100,000 shares at 22.13 per share price.On Dec 2, 2016, Pauline Richards (director) purchased 625 shares at 19.50 per share price.On Nov 14, 2016, Martin Kelly (Chief Financial Officer) sold 15,000 shares at 19.11 per share price.

Apollo Global Management LLC Last issued its quarterly earnings results on Feb 3, 2017. The company reported $0.98 EPS for the quarter, beating the analyst consensus estimate by $ 0.21. Analyst had a consensus of $0.77. The company had revenue of $685.40 million for the quarter, compared to analysts expectations of $564.83 million. The companys revenue was up 253.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 EPS.

Apollo Global Management, LLC (NYSE:APO) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 1.56 by 9 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold.

Apollo Global Management, LLC (NYSE:APO): 9 Analyst have given the stock of Apollo Global Management, LLC (NYSE:APO) a near short term price target of $23.78. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $3.93. The higher price target estimate is at $28 while the lower price estimates are fixed at $18.

Tuesdays trading session turned out to be a no-profit no-loss event for Apollo Global Management, LLC (NYSE:APO). The opening trade occurred at $23.31 and the highest and the lowest points of the day were $23.4699 and $23.08 respectively. The final trade was registered at $23.34 and the volume by the end of the day had touched 919,490 shares. The 52-week high of the stock is $24 and the 52-week low is $13.25. According to the current valuation, the market cap of the company is $9,367 million and the total number of shares available in public circulation is 401,348,830.

Apollo Management, L.P. operates as an alternative asset manager globally. The Company operates in three business segments: private equity, capital markets and real estate. It raises, invests and manages funds on behalf of pension and endowment funds, as well as other institutional and individual investors. Apollo Management, L.P. is headquartered in New York, New York.

Apollo

Share this post

Leave a Reply