Brokerage Firm Rating Update on Apollo Global Management LLC (APO)

Apollo Global Management LLC (APO) : Zacks Investment Research ranks Apollo Global Management LLC (APO) as 1, which is a Strong Buy recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 2.1, which indicates as a Buy.

Apollo Global Management LLC (APO) : Average target price received by Apollo Global Management LLC (APO) is $19.11 with an expected standard deviation of $3.55. The most aggressive target on the stock is $27, whereas the most downbeat target is $14. 9 financial analysts are currently covering the stock.


For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Argus Research maintains its ratings on Apollo Global Management LLC (NYSE:APO). In the latest research report, Argus Research raises the target price from $22 per share to $24 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on August 12, 2016.

Apollo Global Management LLC (NYSE:APO): The stock opened at $18.53 and touched an intraday high of $18.63 on Wednesday. During the day, the stock corrected to an intraday low of $18.31, however, the bulls stepped in and pushed the price higher to close in the green at $18.59 with a gain of 0.43% for the day. The total traded volume for the day was 680,105. The stock had closed at $18.51 in the previous trading session.

Apollo Global Management, LLC is an investment manager in private equity, credit and real estate. The Company raises, invests and manages funds on behalf of pension, endowment and sovereign wealth funds, as well as other institutional and individual investors. The Company operates through three segments: The Company operates through three segments: Private equity, which invests in control equity and related debt instruments, convertible securities and distressed debt instruments; Credit, which primarily invests in non-control corporate and structured debt instruments, and Real estate, which invests in real estate equity for the acquisition and recapitalization of real estate assets, portfolios, platforms and operating companies, and real estate debt including first mortgage and mezzanine loans, preferred equity and commercial mortgage backed securities.

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