In a report released today, Christopher Harris from Wells Fargo maintained a Buy rating on Apollo Global Management (APO). The company’s shares closed last Thursday at $50.54, close to its 52-week high of $55.39.
According to TipRanks.com, Harris is a 4-star analyst with an average return of 8.3% and a 66.0% success rate. Harris covers the Financial sector, focusing on stocks such as BrightSphere Investment Group, Intercontinental Exchange, and Raymond James Financial.
Currently, the analyst consensus on Apollo Global Management is a Moderate Buy with an average price target of $51.54.
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The company has a one-year high of $55.39 and a one-year low of $19.46. Currently, Apollo Global Management has an average volume of 1.92M.
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Apollo Global Management, Inc. engages in the provision of alternative investment management services. It operates through the following segments: Credit, Private Equity, and Real Assets. The Credit segment focuses on the investment in non-control corporate and structured debt instruments including performing, stressed, and distressed instruments across the capital structure. The Private Equity segment consists of investment in control equity and related debt instruments, convertible securities, and distressed debt instruments. The Real Assets segment includes investment in real estate equity and infrastructure equity; and real estate and infrastructure debt. The company was founded by Marc Jeffrey Rowan, Leon David Black, and Joshua Jordan Harris in 1990 and is headquartered in New York, NY.
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