Apollo Global Management LLC (NYSE:APO): 6 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $17.17 in Apollo Global Management LLC (NYSE:APO). However, the stock price could fluctuate by $ 2.04 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $20 price target with the lower price estimate is calculated at $14
Many analysts have stated their opinion on the company shares. Equity Analysts at the Deutsche Bank maintains the rating on Apollo Global Management LLC (NYSE:APO). The brokerage firm has issued a Hold rating on the shares. The Analysts at the ratings agency raises the price target from $15 per share to $16 per share. The rating by the firm was issued on April 5, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Apollo Global Management Llc, Krongard A B, had purchased 1,000 shares in a transaction dated on May 10, 2016. The transaction was executed at $17.16 per share with total amount equaling $17,160.
Apollo Global Management LLC (NYSE:APO) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.29 points or 1.8% at $15.81 with 960,111 shares getting traded. Post opening the session at $15.94, the shares hit an intraday low of $15.76 and an intraday high of $16.29 and the price was in this range throughout the day. The company has a market cap of $6,317 million and the number of outstanding shares have been calculated to be 399,571,050 shares. The 52-week high of Apollo Global Management LLC (NYSE:APO) is $22.955 and the 52-week low is $12.35.
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.