Apollo Global Management LLC (NYSE:APO) has been given a “BBB” credit rating by analysts at Morningstar. The investment research firm’s “BBB” rating indicates that the company is a moderate default risk. They also gave their stock a five star rating.

Other equities research analysts also recently issued reports about the company. JMP Securities dropped their price objective on Apollo Global Management from $29.00 to $26.00 in a report on Thursday, October 8th. RBC Capital lifted their price objective on Apollo Global Management from $21.00 to $22.00 in a report on Thursday, October 29th. JPMorgan Chase & Co. lifted their price objective on Apollo Global Management from $25.00 to $28.00 in a report on Tuesday, October 13th. Deutsche Bank dropped their price objective on Apollo Global Management from $14.00 to $13.00 in a report on Tuesday, January 19th. Finally, Piper Jaffray restated a “buy” rating on shares of Apollo Global Management in a report on Friday, October 9th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $21.58.

Apollo Global Management (NYSE:APO) opened at 13.43 on Friday. Apollo Global Management has a 12 month low of $12.40 and a 12 month high of $25.80. The firm’s 50-day moving average price is $14.52 and its 200-day moving average price is $17.75. The firm has a market cap of $2.43 billion and a price-to-earnings ratio of 20.63.

Apollo Global Management (NYSE:APO) last announced its earnings results on Wednesday, October 28th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.35. During the same period in the prior year, the company posted $0.12 EPS. Equities research analysts predict that Apollo Global Management will post $1.18 earnings per share for the current year.

In related news, Director Marc J. Rowan sold 285,895 shares of the business’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $18.67, for a total transaction of $5,337,659.65. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Robert K. Kraft bought 20,000 shares of the company’s stock in a transaction that occurred on Friday, November 20th. The shares were bought at an average cost of $16.77 per share, for a total transaction of $335,400.00. Following the transaction, the director now directly owns 10,860 shares of the company’s stock, valued at approximately $182,122.20. The disclosure for this purchase can be found here.

Apollo Global Management, LLC is an investment manager in private equity, credit and real estate. The Company raises, invests and manages funds on behalf of pension, endowment and sovereign wealth funds, as well as other institutional and individual investors. The Company operates through three segments: The Company operates through three segments: Private equity, which invests in control equity and related debt instruments, convertible securities and distressed debt instruments; Credit, which primarily invests in non-control corporate and structured debt instruments, and Real estate, which invests in real estate equity for the acquisition and recapitalization of real estate assets, portfolios, platforms and operating companies, and real estate debt including first mortgage and mezzanine loans, preferred equity and commercial mortgage backed securities.

12 Month Chart for NYSE:APO

To view more credit ratings from Morningstar, visit www.jdoqocy.comclick-7674909-10651170.

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