A statement released earlier today by Zacks Investment Research about Apollo Global Management LLC (NYSE:APO) raises the target price to $21.00
- Updated: October 11, 2016
Apollo Global Management LLC (NYSE:APO) had its target price raised to $21.00 by Zacks Investment Research in a report released 10/11/2016. The upped price target implies a potential upside of 0.12% from the company's previous close.
On 10/6/2016, Vetr Inc. released a statement on Apollo Global Management LLC (NYSE:APO) upped the target price from $0.00 to $20.72 that suggested an upside of 0.12%.
Having a price of $18.80, Apollo Global Management LLC (NYSE:APO) traded -0.85% lower on the day. With the last close up 9.30% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Apollo Global Management LLC has recorded a 50-day average of $18.31 and a two hundred day average of $17.05. Volume of trade was down over the average, with 679,902 shares of APO changing hands under the typical 700,298
With a total market value of $0, Apollo Global Management LLC has price-earnings ratio of 19.38 with a one year low of $12.35 and a one year high of $19.18 .
A total of 13 equity analysts have released a research note on APO. 3 brokerages rating the stock a strong buy, 3 brokerages rating the stock a buy, 10 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $20.65.
About Apollo Global Management LLC (NYSE:APO)
Apollo Global Management, LLC (Apollo) is an alternative 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: Private equity, Credit and Real estate. The Private equity segment invests in control equity and related debt instruments, convertible securities and distressed debt instruments. The Credit segment invests in non-control corporate and structured debt instruments, including performing, stressed and distressed instruments across the capital structure. The Real estate segment 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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