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J.P. Morgan Reaffirms Their Buy Rating on Apollo Real Estate (ARI)

Tipranks - Tipranks - Fri Apr 17, 5:11AM CDT

J.P. Morgan analyst Richard Shane maintained a Buy rating on Apollo Real Estate today and set a price target of $12.00.

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Shane covers the Financial sector, focusing on stocks such as FS KKR Capital, WhiteHorse, and Capital One Financial. According to TipRanks, Shane has an average return of 11.9% and a 67.35% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apollo Real Estate with a $11.75 average price target.

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Based on Apollo Real Estate’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $182.72 million and a net profit of $29.2 million. In comparison, last year the company earned a revenue of $195.51 million and had a net profit of $40.65 million

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