Affiliated Managers Group with ticker code (AMG) now have 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 192 and 148 and has a mean target at 173.93. Given that the stocks previous close was at 161.21 this would indicate that there is a potential upside of 7.9%. There is a 50 day moving average of 151.02 and the 200 moving average now moves to 132.86. The market cap for the company is $6,210m. Find out more information at: https://www.amg.com
The potential market cap would be $6,700m 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.
