Analyst Rating Update on Apollo Global Management LLC (APO)

Apollo Global Management LLC (APO) has an average broker rating of 2.4, which is interpreted as a Buy, as rated by 10 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell.

Apollo Global Management LLC (APO) : The highest short term price target forecast on Apollo Global Management LLC (APO) is $19 and the lowest target price is $14. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $16.71 with a standard deviation of $1.8.

Company shares have received an average consensus rating of Hold for the current week


Apollo Global Management LLC (NYSE:APO): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.29 and $17.23 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.61, notching a gain of 3.83% for the day. The total traded volume was 1,306,331 . The stock had closed at $16.96 on the previous day.

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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