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Analysts Offer Insights on Financial Companies: Chubb (CB) and Apollo Global Management (APO)

Tipranks - Tipranks - Wed May 27, 6:04AM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Chubb (CB) and Apollo Global Management (APO).

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Chubb (CB)

Piper Sandler analyst Paul Newsome maintained a Hold rating on Chubb today and set a price target of $340.00. The company’s shares closed last Friday at $327.89.

According to TipRanks.com, Newsome is a 5-star analyst with an average return of 11.2% and a 66.5% success rate. Newsome covers the Financial sector, focusing on stocks such as Neptune Insurance Holdings, Inc. Class A, American Integrity Insurance Group, Inc., and Skyward Specialty Insurance Group, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chubb with a $345.82 average price target.

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Apollo Global Management (APO)

Piper Sandler analyst John Barnidge reiterated a Buy rating on Apollo Global Management today and set a price target of $157.00. The company’s shares closed last Friday at $128.51.

According to TipRanks.com, Barnidge is a 5-star analyst with an average return of 8.7% and a 62.2% success rate. Barnidge covers the Financial sector, focusing on stocks such as Corebridge Financial, Inc., Prudential Financial, and Principal Financial. ;'>

Currently, the analyst consensus on Apollo Global Management is a Strong Buy with an average price target of $147.33, implying an 11.6% upside from current levels. In a report issued on May 18, Barclays also maintained a Buy rating on the stock with a $131.00 price target.

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