In a report released today, Alexander Paris from Barrington reiterated a Buy rating on Affiliated Managers (NYSE: AMG), with a price target of $220. The company’s shares opened today at $161.23.
According to TipRanks.com, Paris is a 4-star analyst with an average return of 11.9% and a 56.8% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Capella Education Company.
Affiliated Managers has an analyst consensus of Moderate Buy, with a price target consensus of $216.80.
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The company has a one-year high of $217.00 and a one-year low of $148.81. Currently, Affiliated Managers has an average volume of 454.1K.
Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, Samuel Byrne, a Director at AMG bought 1,981 shares for a total of $197,426.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Affiliated Managers Group, Inc. is an asset management company with equity investments in a diverse group of growing, boutique investment management firms. The company provides assistance to investment management firms in strategic matters, marketing, distribution, product development and operations.
