Analysts’ Opinions Are Mixed on These Financial Stocks: Apollo Global Management (APO), Raymond James Financial (RJF) and Arch Capital Group (ACGL)

Analysts have been eager to weigh in on the Financial sector with new ratings on Apollo Global Management (APO – Research Report), Raymond James Financial (RJF – Research Report) and Arch Capital Group (ACGL – Research Report).

Apollo Global Management (APO)

In a report released yesterday, Michael Brown from KBW maintained a Buy rating on Apollo Global Management, with a price target of $122.00. The company’s shares closed last Wednesday at $109.28, close to its 52-week high of $115.03.

According to TipRanks.com, Brown is a 5-star analyst with an average return of 15.3% and a 61.3% success rate. Brown covers the Financial sector, focusing on stocks such as Bank of New York Mellon Corporation, Perella Weinberg Partners, and SEI Investments Company.

Currently, the analyst consensus on Apollo Global Management is a Moderate Buy with an average price target of $114.64, representing a 5.4% upside. In a report issued on February 8, Goldman Sachs also maintained a Buy rating on the stock with a $108.00 price target.

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Raymond James Financial (RJF)

In a report released yesterday, Kyle Voigt from KBW maintained a Hold rating on Raymond James Financial, with a price target of $118.00. The company’s shares closed last Wednesday at $116.83, close to its 52-week high of $119.23.

According to TipRanks.com, Voigt is a 4-star analyst with an average return of 4.8% and a 68.5% success rate. Voigt covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Marketaxess Holdings, and Interactive Brokers.

Raymond James Financial has an analyst consensus of Moderate Buy, with a price target consensus of $121.18.

Arch Capital Group (ACGL)

KBW analyst Meyer Shields maintained a Buy rating on Arch Capital Group yesterday and set a price target of $110.00. The company’s shares closed last Wednesday at $84.71.

According to TipRanks.com, Shields is a 5-star analyst with an average return of 13.2% and a 73.3% success rate. Shields covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., American International Group, and Marsh & Mclennan Companies.

Currently, the analyst consensus on Arch Capital Group is a Moderate Buy with an average price target of $96.62, representing a 12.0% upside. In a report issued on February 15, Wells Fargo also maintained a Buy rating on the stock with a $104.00 price target.

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Read More on APO:

• Apollo Global Management’s Essential Unfiled Financial Insights
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• Apollo to Present at the Bank of America Securities 2024 Financial Services Conference
• Apollo Global exec sells $16.37M in common stock