Athene has unveiled enhancements to its prominent annuity offerings in an effort to streamline user experience and simplify investment strategies. This includes updates to two key products: the Athene Accumulator and Athene Protector Fixed Indexed Annuities.
For the Athene Accumulator Fixed Indexed Annuity products, a new feature called Preset Allocations has been introduced. This feature aims to make executing diverse investment strategies more accessible for users by simplifying the allocation process.
In parallel, the Athene Protector Fixed Indexed Annuity products have undergone a revamp with a more concise index lineup. These changes also incorporate new interest crediting strategies and additional rider options that enhance the product's ease of use while emphasizing its protective benefits.
Both updated products focus on achieving protected accumulation, offering clients innovative yet simplified solutions to meet their financial goals.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for Apollo Global Management Inc (APO, Financial) is $156.33 with a high estimate of $193.00 and a low estimate of $124.00. The average target implies an upside of 22.29% from the current price of $127.84. More detailed estimate data can be found on the Apollo Global Management Inc (APO) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Apollo Global Management Inc's (APO, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Apollo Global Management Inc (APO, Financial) in one year is $87.41, suggesting a downside of 31.63% from the current price of $127.84. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Apollo Global Management Inc (APO) Summary page.
