Affiliated Managers Receives a Hold from Credit Suisse


Credit Suisse analyst Craig Siegenthaler maintained a Hold rating on Affiliated Managers (NYSE: AMG) yesterday and set a price target of $212. The company’s shares closed yesterday at $166.90.

According to TipRanks.com, Siegenthaler is a 4-star analyst with an average return of 9.2% and a 70.4% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Raymond James Financial, WisdomTree Investments, and OM Asset Management.

Affiliated Managers has an analyst consensus of Moderate Buy, with a price target consensus of $213.17.

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The company has a one-year high of $217.00 and a one-year low of $155.69. Currently, Affiliated Managers has an average volume of 413.2K.

Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is neutral on the stock. Last month, Patrick T. Ryan, a Director at AMG bought 7,606 shares for a total of $681,908.

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.

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