Affiliated Managers Group. which can be found using ticker (AMG) now have 7 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 200 and 182 with the average target price sitting at $194.71. Given that the stocks previous close was at $136.61 this would imply there is now a potential upside of 42.5%. The 50 day moving average now sits at $161.93 and the 200 day moving average is $139.88. The company has a market cap of $4,899m. Find out more information at: https://www.amg.com
The potential market cap would be $6,982m based on the market consensus.
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 intermediariesluding 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 channelluding 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.
The company has a dividend yield of 0.03% with the ex dividend date set at 15-2-2023 (DMY).
Other points of data to note are a P/E ratio of 5.26, revenue per share of 60.51 and a 5.42% return on assets.
