Artisan Partners Asset Management (APAM) : 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Artisan Partners Asset Management (APAM). Zacks Investment Research suggests a Strong Sell with a rank of 5. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 5 Wall Street Analysts endorse the stock as a Hold with a rating of 3.2.
Artisan Partners Asset Management (APAM) : The highest level Artisan Partners Asset Management (APAM) is projected to reach is $30 for the short term and the lowest estimate is at $27. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $28.5 and the possibility the share price can swing is $1.29.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Keefe Bruyette & Woods maintains the rating on Artisan Partners Asset Management (NYSE:APAM). The brokerage firm has issued a Market Perform rating on the shares. The Analysts at the ratings agency lowers the price target from $30 per share to $28 per share. The rating by the firm was issued on July 27, 2016.
Artisan Partners Asset Management (NYSE:APAM): The stock opened at $26.36 and touched an intraday high of $26.83 on Wednesday. During the day, the stock corrected to an intraday low of $26.36, however, the bulls stepped in and pushed the price higher to close in the green at $26.73 with a gain of 0.98% for the day. The total traded volume for the day was 545,691. The stock had closed at $26.47 in the previous trading session.
Artisan Partners Asset Management Inc. is an investment management firm. The Firm provides a range of United States, non-United States and global investment strategies. The Firms operations are conducted through Artisan Partners Holdings and its subsidiaries. It derives its revenues from investment management fees. In addition to its investment teams, the Firm also has a team that is focused on its business of achieving growth, expanding investment capabilities, the source of assets under management and delivering client service. The Firms management team supports its investment management capabilities and manages infrastructure, which allows its investment professionals to focus on making investment decisions and generating returns. Artisan Partners investment strategies are offered through a variety of investment vehicles to accommodate a range of client mandates, including Separate Account Management, Mutual Fund Vehicles, Collective Investment Trusts and UCITS Vehicles.