Apollo Global Management (APO) Gets a Buy from Barclays

Barclays analyst Benjamin Budish maintained a Buy rating on Apollo Global Management (APO – Research Report) today and set a price target of $174.00. The company’s shares closed yesterday at $164.31.

According to TipRanks, Budish is a 5-star analyst with an average return of 19.7% and a 76.30% success rate. Budish covers the Financial sector, focusing on stocks such as Interactive Brokers, Apollo Global Management, and Charles Schwab.

Apollo Global Management has an analyst consensus of Moderate Buy, with a price target consensus of $157.53, a -4.13% downside from current levels. In a report released on November 11, Deutsche Bank also maintained a Buy rating on the stock with a $163.00 price target.

APO market cap is currently $92.97B and has a P/E ratio of 17.29.

Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of APO in relation to earlier this year. Most recently, in August 2024, James Zelter, the Co-President of APO sold 83,866.00 shares for a total of $9,236,680.10.

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Apollo Global Management (APO) Company Description:

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.