Apollo Global Management LLC (NYSE:APO) target price raised to $20.72, reported today by Vetr Inc.
- Updated: October 13, 2016
Yesterday Apollo Global Management LLC (NYSE:APO) traded -2.94% lower at $18.69. The company’s 50-day moving average is $18.32 and its 200-day moving average is $17.07. The last stock close price is up 6.25% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 574,383 shares of the stock were exchanged, down from an average trading volume of 702,194
Apollo Global Management LLC (NYSE:APO) had its target price raised to $20.72 by Vetr Inc. in a report released 10/13/2016. The new target price indicates a possible upside of 0.11% based on the company's last stock close price.
Previously on 10/11/2016, Zacks Investment Research reported about Apollo Global Management LLC (NYSE:APO) raised the target price from $0.00 to $21.00. At the time, this indicated a possible upside of 0.12%.
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Apollo Global Management LLC has a 52 week low of $12.35 and a 52 week high of $19.18 with a P/E ratio of 18.86 The company’s market cap is currently $0.
In addition to Vetr Inc. reporting its target price, a total of 13 firms have reported on the stock. The consensus target price is $20.65 with 3 firms rating the stock a strong buy, 3 firms rating the stock a buy, 10 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
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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