Assessing Affiliated Managers Group: Insights From 8 Financial Analysts
Portfolio Pulse from Benzinga Insights
Eight financial analysts have recently provided ratings on Affiliated Managers Group (NYSE: AMG), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $202.25, up 2.73% from the previous target. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. AMG's financial performance shows a decline in revenue growth and net margin, but strong ROE and ROA, and a conservative debt management approach.
July 30, 2024 | 5:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Affiliated Managers Group (NYSE: AMG) has received mixed ratings from analysts, with a positive shift in the average 12-month price target to $202.25. Despite a decline in revenue growth and net margin, AMG shows strong ROE and ROA, and a conservative debt management approach.
The increase in the average price target and the majority of bullish ratings suggest a positive short-term impact on AMG's stock price. However, the decline in revenue growth and net margin may temper this optimism. Strong ROE and ROA, along with conservative debt management, provide a solid financial foundation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100