Athene Holding (ATH) Receives a Hold from Wells Fargo
In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Athene Holding (ATH), with a price target of $66.00. The company’s shares closed last Friday at $63.10.
According to TipRanks.com, Greenspan is a 5-star analyst with an average return of 12.9% and a 65.6% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and United Insurance Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Athene Holding with a $59.56 average price target, a -3.5% downside from current levels. In a report released today, J.P. Morgan also maintained a Hold rating on the stock with a $65.00 price target.
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Athene Holding’s market cap is currently $11.87B and has a P/E ratio of 8.50. The company has a Price to Book ratio of 0.63.
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Athene Holding Ltd. is engages in the provision of retirement services. The firm issues, reinsures and acquires retirement savings products and institutional products. Its products include individual and group annuities. The company was founded by James R. Belardi and Frank L. Gills in May 2009 and is headquartered in Pembroke, Bermuda.
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