In a report issued on August 3, Jay Gelb from Barclays maintained a Hold rating on Athene Holding Ltd (NYSE: ATH), with a price target of $51. The company’s shares closed on Friday at $49.23.
According to TipRanks.com, Gelb is a 5-star analyst with an average return of 8.0% and a 67.5% success rate. Gelb covers the Financial sector, focusing on stocks such as Lincoln National Corp, Berkshire Hathaway A, and Berkshire Hathaway B.
Currently, the analyst consensus on Athene Holding Ltd is a Moderate Buy with an average price target of $57.80.
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Athene Holding Ltd’s market cap is currently $9.84B and has a P/E ratio of 7.31. The company has a Price to Book ratio of 1.13.
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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.
