Athene Holding Ltd (ATH) Receives a Buy from Morgan Stanley


In a report released today, Nigel Dally from Morgan Stanley maintained a Buy rating on Athene Holding Ltd (NYSE: ATH), with a price target of $64. The company’s shares closed yesterday at $53.22, close to its 52-week high of $55.22.

According to TipRanks.com, Dally is ranked #1128 out of 4879 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Athene Holding Ltd with a $60.71 average price target, representing a 14.1% upside. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $67 price target.

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Athene Holding Ltd’s market cap is currently $10.63B and has a P/E ratio of 8.29. The company has a Price to Book ratio of 1.25.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock.

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Athene Holding Ltd. is engaged in providing retirement services. It issues and reinsures retirement savings products and institutional products. The company operates corporate activities and German operations, which comprises of participating long-duration saving products.

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