Is Affiliated Managers Group Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NYSE: AMG) stock is to Buy AMG stock.
Out of 3 analysts, 0 (0%) are recommending AMG as a Strong Buy, 2 (66.67%) are recommending AMG as a Buy, 1 (33.33%) are recommending AMG as a Hold, 0 (0%) are recommending AMG as a Sell, and 0 (0%) are recommending AMG as a Strong Sell.
What is AMG's forecast return on equity (ROE) for 2023-2024?
(NYSE: AMG) forecast ROE is 23.58%, which is considered strong.
What is AMG's Price Target?
According to 3 Wall Street analysts that have issued a 1 year AMG price target, the average AMG price target is $184.00, with the highest AMG stock price forecast at $195.00 and the lowest AMG stock price forecast at $165.00.
On average, Wall Street analysts predict that Affiliated Managers Group's share price could reach $184.00 by Jul 27, 2024. The average Affiliated Managers Group stock price prediction forecasts a potential upside of 36.53% from the current AMG share price of $134.77.
What is AMG's forecast return on assets (ROA) for 2023-2024?
(NYSE: AMG) forecast ROA is 8.94%, which is higher than the forecast US Asset Management industry average of 5.76%.
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