A report released today by Zacks Investment Research about Artisan Partners Asset Management Inc (NYSE:APAM) bumps the target price to $31.00
- Updated: October 13, 2016
Indicating a possible upside of 0.13%, Zacks Investment Research bumped up the target of Artisan Partners Asset Management Inc (NYSE:APAM) to $31.00
Previously on 7/26/2016, RBC Capital Markets reported on Artisan Partners Asset Management Inc (NYSE:APAM) bumped down the target price from $31.00 to $30.00 that indicated a possible upside of 0.07%.
Only yesterday Artisan Partners Asset Management Inc (NYSE:APAM) traded -1.71% lower at $27.52. APAM’s 50-day average is $27.03 and its two hundred day average is $29.33. The last closing price is down -6.18% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Trade Volume was up over the average, with 464,962 shares of APAM changing hands over the typical 376,537
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Artisan Partners Asset Management Inc has a one year low of $23.65 and a 52 week high of $40.62 with a P/E ratio of 16.71 APAM’s market capitalization is currently $0.
Also covering Artisan Partners Asset Management Inc's price target, a total of 7 equity analysts have released a research note on APAM. The one year stock price target is $33.14 with 0 firms rating the stock a strong buy, 2 brokers rating the stock a buy, six equity analysts rating the company a hold, zero brokerages rating the company a underperform, and lastly zero brokers rating the stock a sell.
Brief Synopsis On Artisan Partners Asset Management Inc (NYSE:APAM)
Artisan Partners Asset Management Inc. is an investment management firm focused on providing investment strategies to clients around the global. The Company's operations are conducted through Artisan Partners Holdings LP and its subsidiaries. It operates in the investment management industry. The Company provides investment management services to separate accounts and mutual funds, and other pooled investment vehicles. The Company has over seven autonomous investment teams that manage a range of the United States, non-United States and global investment strategies. The Company provides its clients with multiple long-only, equity investment strategies spanning market capitalization segments and investing styles in both the United States and non-United States markets. It also offers a fixed income strategy, the Artisan High Income strategy.
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