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Affiliated Managers Group, Inc. (NYSE:AMG) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.

Boasting a price of $170.13, Affiliated Managers Group, Inc. (NYSE:AMG) traded -0.11% lower on the day. With the last stock price close up 6.74% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Affiliated Managers Group, Inc. has recorded a 50-day average of $174.85 and a two hundred day average of $164.17. Volume of trade was down over the average, with 414,171 shares of AMG changing hands under the typical 444,178

Zacks Investment Research has downgraded Affiliated Managers Group, Inc. (NYSE:AMG) to Hold in a statement released on 07/07/2017.

On Tuesday July 04, 2017, Zacks Investment Research released a statement for Affiliated Managers Group, Inc. (NYSE:AMG) bumped up the target price from $0.00 to $186.00 that suggested an upside of 0.11%.

Performance Chart

Affiliated Managers Group, Inc. (NYSE:AMG)

With a total market value of $0, Affiliated Managers Group, Inc. has PE ratio of 19.41 with a one year low of $130.48 and a one year high of $187.08 .

A total of 9 brokerages have issued a ratings update on Affiliated Managers Group, Inc.. Four brokerages rating the company a strong buy, five brokerages rating the company a buy, one brokerage rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $207.33.

General Company Details For Affiliated Managers Group, Inc. (NYSE:AMG)

Affiliated Managers Group, Inc. is an asset management company with equity investments in boutique investment management firms. The Company operates in three segments, which represent its principal distribution channels: Institutional, Mutual Fund and High Net Worth. The equity method investments in the Institutional distribution channel are made in relationships with public and private client entities, including foundations, endowments, sovereign wealth funds and retirement plans for corporations and municipalities. The equity method investments in the Mutual Fund distribution channel are made in advisory or sub-advisory relationships with active return-oriented mutual funds, Undertakings for Collective Investment in Transferable Securities and other retail products. The equity method investments in the High Net Worth distribution channel are made in relationships with high net worth and ultra-high net worth individuals, families, trusts, foundations, endowments and retirement plans.

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