Affiliated Managers Group (AMG) : 6 analysts are covering Affiliated Managers Group (AMG) and their average rating on the stock is 1.17, which is read as a Strong Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Affiliated Managers Group (AMG) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels.
Affiliated Managers Group (AMG) : The consensus price target for Affiliated Managers Group (AMG) is $188.8 for the short term with a standard deviation of $12.28. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $200, however, the pessimist price target for the company is $170.
Shares of Affiliated Managers Group Inc. appreciated by 1.69% during the last five trading days but lost 0.52% on a 4-week basis. Affiliated Managers Group Inc. has dropped 15.83% during the last 3-month period . Year-to-Date the stock performance stands at -10.08%. Affiliated Managers Group (NYSE:AMG): stock turned positive on Tuesday. Though the stock opened at $141.82, the bulls momentum made the stock top out at $144.39 level for the day. The stock recorded a low of $141.17 and closed the trading day at $143.65, in the green by 2.08%. The total traded volume for the day was 468,151. The stock had closed at $140.72 in the previous days trading.
Affiliated Managers Group, Inc. (AMG) is a global asset management company with equity investments in a diverse group of boutique investment management firms (Affiliates). The Company manages approximately $620.2 billion in assets through its affiliates across a range of asset classes and investment styles in three principal distribution channels: institutional, mutual fund and high net worth. The Companys Institutional Distribution Channel, through its Affiliates, manages assets for large institutional investors across the world, including sovereign wealth funds, foundations, endowments, and retirement plans for corporations and municipalities. As part of the Companys mutual fund distribution channel, the Company, through its Affiliates, provides advisory or sub-advisory services to mutual funds, UCITS and other retail-oriented products. Through the Companys affiliates, it provides advisory services to ultra-high net worth individuals and family trusts.