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Shares of Apollo Global Management (NYSE:APO) have earned a consensus rating of “Buy” from the seventeen brokerages that are covering the company, American Banking and Market News reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $34.83.

A number of analysts have recently weighed in on APO shares. Analysts at BB&T Corp. initiated coverage on shares of Apollo Global Management in a research note on Monday. They set a “buy” rating on the stock. Separately, analysts at RBC Capital upgraded shares of Apollo Global Management from a “market perform” rating to an “outperform” rating in a research note on Thursday. Finally, analysts at Keefe, Bruyette & Woods cut their price target on shares of Apollo Global Management from $33.00 to $30.00 in a research note on Monday, July 14th. They now have a “market perform” rating on the stock.

Shares of Apollo Global Management (NYSE:APO) traded up 0.22% during mid-day trading on Monday, hitting $27.61. The stock had a trading volume of 171,337 shares. Apollo Global Management has a 52-week low of $24.06 and a 52-week high of $36.51. The stock has a 50-day moving average of $26.97 and a 200-day moving average of $29.58. The company has a market cap of $4.117 billion and a price-to-earnings ratio of 9.90.

Apollo Global Management (NYSE:APO) last announced its earnings results on Thursday, May 8th. The company reported $0.55 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.59 by $0.04. The company had revenue of $491.40 million for the quarter, compared to the consensus estimate of $525.05 million. During the same quarter last year, the company posted $1.89 earnings per share. Apollo Global Management’s revenue was down 62.5% compared to the same quarter last year. On average, analysts predict that Apollo Global Management will post $2.70 earnings per share for the current fiscal year.

Apollo Global Management, LLC (NYSE:APO) is a global alternative asset manager.

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