Press coverage about Athene (NYSE:ATH) has trended somewhat positive on Monday, according to Accern. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Athene earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news articles about the insurance provider an impact score of 46.6689516862698 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Athene (ATH) traded up $0.27 during midday trading on Monday, hitting $49.29. The stock had a trading volume of 1,825,500 shares, compared to its average volume of 1,307,967. The company has a market capitalization of $9,852.28, a price-to-earnings ratio of 7.26, a P/E/G ratio of 0.63 and a beta of -0.39. Athene has a one year low of $45.15 and a one year high of $55.22.
A number of research firms have recently issued reports on ATH. Evercore ISI reaffirmed a “buy” rating and issued a $68.00 price objective on shares of Athene in a research report on Thursday, December 21st. UBS Group raised their price objective on Athene from $63.00 to $65.00 and gave the company a “neutral” rating in a research report on Monday, November 6th. Wells Fargo & Co reiterated a “buy” rating and set a $63.00 target price on shares of Athene in a research note on Friday, December 22nd. Scotiabank reiterated a “hold” rating on shares of Athene in a research note on Monday, December 4th. Finally, Canaccord Genuity reiterated a “buy” rating on shares of Athene in a research note on Thursday, December 7th. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $63.00.
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Athene Holding Ltd. is an insurance holding company. The Company’s segments include Retirement Services, Corporate and Other. Retirement Services segment consists of the United States and Bermuda operations, which issue and reinsure retirement savings products and institutional products. Retirement Services has retail operations, which provide annuity retirement solutions to its policyholders.
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