In a report issued on October 11, Jeremy Campbell from Barclays maintained a Buy rating on Apollo Global Management LLC (APO), with a price target of $44.00. The company’s shares closed last Monday at $38.72, close to its 52-week high of $41.79.
According to TipRanks.com, Campbell is a 3-star analyst with an average return of 1.6% and a 54.5% success rate. Campbell covers the Financial sector, focusing on stocks such as Victory Capital Holdings Inc, Virtus Investment Partners, and Cboe Global Markets Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Apollo Global Management LLC with a $45.67 average price target, which is a 15.6% upside from current levels. In a report issued on October 7, BMO Capital also initiated coverage with a Buy rating on the stock with a $52.00 price target.
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Based on Apollo Global Management LLC’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $158 million. In comparison, last year the company had a net profit of $164 million.
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