Affiliated Managers Group found using ticker (AMG) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 182 and 148 and has a mean target at 161.21. Given that the stocks previous close was at 156.74 this is indicating there is a potential upside of 2.9%. The day 50 moving average is 128.62 and the 200 moving average now moves to 129.89. The market capitalisation for the company is $5,909m. You can visit the company’s website by visiting: https://www.amg.com
The potential market cap would be $6,078m based on the market concensus.
Affiliated Managers Group, through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds. These funds are distributed to retail, high net worth and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, major fund marketplaces, and bank trust departments. The company also offers investment products in various investment styles in the institutional distribution channel, including small, small/mid, mid, and large capitalization value and growth equity, and emerging markets. In addition, it offers quantitative, alternative, and fixed income products, and manages assets for foundations and endowments, defined benefit, and defined contribution plans for corporations and municipalities. Affiliated Managers Group provides investment management or customized investment counseling and fiduciary services. Affiliated Managers Group was formed in 1993 and is based in West Palm Beach, Florida with additional offices in Prides Crossing, Massachusetts; Stamford, Connecticut; London, United Kingdom; Dubai, United Arab Emirates; Sydney, Australia; Hong Kong; Tokyo, Japan, Zurich, Switzerland and Delaware.
