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Jefferies Stick to Their Hold Rating for Apollo Global Management LLC

Published 10/20/2021, 01:45 AM
Updated 10/20/2021, 01:45 AM


Jefferies (NYSE:JEF) analyst Gerald O'Hara maintained a Hold rating on Apollo Global Management (NYSE:APO) LLC on Wednesday, setting a price target of $64, which is approximately 12.54% below the present share price of $73.18.

O'Hara expects Apollo Global Management LLC to post earnings per share (EPS) of $2.70 for the fourth quarter of 2021.

The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Apollo Global Management, with an average price target of $68.17.
The analysts price targets range from a high of $79 to a low of $61.

In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.38 billion and a net profit of $670.94 million. The company's market cap is $17.24 billion.

According to TipRanks.com, Jefferies analyst Gerald O'Hara is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 40.0% and a 91.89% success rate.

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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