Based on ratings from 7 stock analysts, the Affiliated Managers Group Inc stock price is expected to increase by 5.59% in 12 months. This is calculated by using the average 12-month stock price forecast for Affiliated Managers Group Inc. The lowest target is $177 and the highest is $208. Please note analyst price targets are not guaranteed and could be missed completely.
AMG is a stock in Financial Services which has been forecasted to be worth $195.7143 as an average. On the higher end, the forecast price is $208 USD by Brian Bedell from Deutsche Bank and on the lower end AMG is forecasted to be $177 by Bill Katz from TD Cowen.
These are the latest 20 analyst ratings of AMG.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Brian Bedell Deutsche Bank | Buy | $208 | Maintains | Nov 11, 2024 |
Bill Katz TD Cowen | Hold | $177 | Downgrade | Nov 5, 2024 |
Alexander Paris Barrington Research | Outperform | $200 | Maintains | Nov 5, 2024 |
Brian Bedell Deutsche Bank | Buy | $204 | Maintains | Nov 5, 2024 |
Alexander Paris Barrington Research | Outperform | $210 | Maintains | Oct 30, 2024 |
Brian Bedell Deutsche Bank | Buy | $205 | Maintains | Aug 15, 2024 |
Brian Bedell Deutsche Bank | Buy | $202 | Maintains | Jul 30, 2024 |
Craig Siegenthaler B of A Securities | Neutral | $201 | Maintains | Jul 30, 2024 |
Bill Kirk TD Cowen | Buy | $226 | Maintains | Jul 30, 2024 |
Alexander Paris Barrington Research | Outperform | $210 | Maintains | Jul 29, 2024 |
Alexander Paris Barrington Research | Outperform | $190 | Maintains | Jul 11, 2024 |
Bill Kirk TD Cowen | Buy | $201 | Maintains | Jul 8, 2024 |
Alexander Paris Barrington Research | Outperform | $190 | Maintains | May 7, 2024 |
Bill Kirk TD Cowen | Buy | $198 | Maintains | May 7, 2024 |
Alexander Paris Barrington Research | Outperform | $190 | Maintains | Apr 9, 2024 |
Alexander Paris Barrington Research | Outperform | $175 | Maintains | Jan 16, 2024 |
Bill Kirk TD Cowen | Outperform | $185 | Initiates | Jan 4, 2024 |
Brian Bedell Deutsche Bank | Buy | $148 | Maintains | Oct 11, 2023 |
Michael Brown Keefe, Bruyette & Woods | Outperform | $165 | Assumes | Jul 27, 2023 |
Alexander Paris Barrington Research | Outperform | $195 | Reiterates | Jun 28, 2023 |
When did it IPO
1997
Staff Count
4,000
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Mr. Jay C. Horgen
Market Cap
$5.57B
In 2023, AMG generated $2.06B in revenue, which was a decrease of -11.67% from the previous year. This can be seen as a signal that AMG's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Affiliated Managers (AMG) reported earnings 30 days ago; investors should monitor upcoming developments and market reactions for insights into the stock's performance.
Why It Matters - Earnings reports can indicate a company's financial health and future performance, influencing stock price movements and investor sentiment. Upcoming developments may affect trading decisions.
Summary - AMG CEO Jay C. Horgen and CFO Dava E. Ritchea will speak at the Goldman Sachs Financial Services Conference on December 10, 2024, at 12:20 p.m. ET.
Why It Matters - AMG's executives speaking at a major financial conference could indicate strategic insights or potential market movements, impacting investor sentiment and stock performance.
Summary - AMG reported Q3 2024 EPS of $3.78 and Economic EPS of $4.82, up 18% YoY. Net income was $124M with $103M in share repurchases, totaling $580M year-to-date.
Why It Matters - Strong EPS and economic EPS growth signals robust profitability. Significant share repurchases indicate confidence in the company's future, potentially enhancing shareholder value.
Summary - Affiliated Managers Group (AMG) reported quarterly earnings of $4.82 per share, matching estimates and up from $4.08 per share year-over-year.
Why It Matters - AMG's earnings match estimates and show year-over-year growth, indicating stable performance and potential for continued profitability, which can influence investor confidence and stock valuation.
Summary - AMG's Q3 earnings benefited from a higher AUM balance, but faced challenges with declining revenues and rising expenses.
Why It Matters - Higher AUM boosts AMG's earnings, indicating strong asset management performance. However, declining revenues and rising expenses could signal profitability challenges ahead.
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