Apollo Global Management LLC Class A (NYSE:APO) price target raised to $42.00 by Morgan Stanley

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Analyst Ratings For Apollo Global Management LLC Class A (NYSE:APO)

Today, Morgan Stanley raised its price target on Apollo Global Management LLC Class A (NYSE:APO) to $42.00 per share.

There are 0 sell ratings, 2 hold ratings, 9 buy ratings, 0 strong buy ratings on the stock.

The current consensus rating on Apollo Global Management LLC Class A (NYSE:APO) is Buy with a consensus target price of $36.9091 per share, a potential 3.56% upside.

Some recent analyst ratings include

  • 5/3/2018-Oppenheimer Reiterated Rating of Buy.
  • 3/12/2018-Citigroup Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 2/1/2018-Keefe, Bruyette & Woods Reiterated Rating of Buy.

Recent Insider Trading Activity For Apollo Global Management LLC Class A (NYSE:APO)
Apollo Global Management LLC Class A (NYSE:APO) has insider ownership of 4.11% and institutional ownership of 69.97%.

  • On 5/11/2018 Martin Kelly, CFO, sold 18,000 with an average share price of $30.42 per share and the total transaction amounting to $547,560.00.
  • On 5/10/2018 A B. Krongard, Director, bought 1,800 with an average share price of $30.38 per share and the total transaction amounting to $54,684.00.
  • On 4/26/2018 Tiger Global Management Llc, Major Shareholder, bought 50,000 with an average share price of $28.10 per share and the total transaction amounting to $1,405,000.00.
  • On 4/18/2018 Tiger Global Management Llc, Major Shareholder, bought 50,000 with an average share price of $29.01 per share and the total transaction amounting to $1,450,500.00.
  • On 3/23/2018 Tiger Global Management Llc, Major Shareholder, bought 100,000 with an average share price of $30.34 per share and the total transaction amounting to $3,034,000.00.
  • On 3/9/2018 Joshua Harris, Insider, sold 125,000 with an average share price of $33.30 per share and the total transaction amounting to $4,162,500.00.
  • On 2/26/2018 Joshua Harris, Director, sold 23,341 with an average share price of $34.51 per share and the total transaction amounting to $805,497.91.

About Apollo Global Management LLC Class A (NYSE:APO)
Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It manages client focused portfolios. The firm launches and manages hedge funds for its clients. It also manages real estate funds and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe. Its alternative investments include investment in private equity and real estate markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions. Its fixed income investments include income-oriented senior loans, bonds, collateralized loan obligations, structured credit, opportunistic credit, non-performing loans, distressed debt, mezzanine debt, and value oriented fixed income securities. The firm seeks to invest in chemicals, commodities, consumer and retail, oil and gas, metals, mining, agriculture, commodities, distribution and transportation, financial and business services, manufacturing and industrial, media distribution, cable, entertainment and leisure, telecom, technology, natural resources, energy, packaging and materials, and satellite and wireless industries. It seeks to invest in companies based in across North America with a focus on United States, and Europe. The firm also makes investments outside North America, primarily in Western Europe and Asia. It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm seeks to make investments in the range of $10 million and $1.5 billion. The firm conducts an in-house research to create its investment portfolio. It seeks to acquire minority and majority positions in its portfolio companies. Apollo Global Management, LLC was founded in 1990 and is headquartered in New York City, with additional offices in New York City; Bethesda, Maryland; Chicago, Illinois; Los Angeles, California; Purchase, New York; Houston, Texas; London, United Kingdom; Frankfurt, Germany; Central, Hong Kong; Singapore; and Luxembourg.

Recent Trading Activity for Apollo Global Management LLC Class A (NYSE:APO)
Shares of Apollo Global Management LLC Class A closed the previous trading session at 35.67 up +0.26 0.73% with 35.41 shares trading hands.