Credit Suisse (SIX:CSGN) analyst Craig Siegenthaler maintained a Hold rating on Affiliated Managers Group (NYSE:AMG) on Tuesday, setting a price target of $75, which is approximately 4.79% below the present share price of $78.77.
Siegenthaler expects Affiliated Managers Group to post earnings per share (EPS) of $0.65 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Affiliated Managers, with an average price target of $80.3.
The analysts price targets range from a high of $86 to a low of $71.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $471.1 million and a net profit of $83.8 million. The company's market cap is $3.7 billion.
According to TipRanks.com, Credit Suisse analyst Craig Siegenthaler is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 7.3% and a 62.77% success rate.
Affiliated Managers Group, Inc. is an asset management company with equity investments in a diverse group of growing, boutique investment management firms. The firm provides assistance to investment management firms in strategic matters, marketing, distribution, product development and operations. The company was founded by William J. Nutt in December 1993 and is headquartered in West Palm Beach, FL.