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Affiliated Managers Group (NYSE:AMG) was upgraded by analysts at Credit Suisse to a “focus list” rating in a research report issued to clients and investors on Tuesday.

In other Affiliated Managers Group news, CEO Sean M. Healey sold 144,247 shares of Affiliated Managers Group stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $200.85, for a total value of $28,972,009.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of other firms have also recently commented on AMG. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Affiliated Managers Group from $235.00 to $238.00 in a research note on Thursday, July 31st. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Affiliated Managers Group in a research note on Monday, July 14th. They now have a $235.00 price target on the stock, up previously from $227.00. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $227.80.

Affiliated Managers Group (NYSE:AMG) traded up 4.40% on Tuesday, hitting $213.23. 1,115,453 shares of the company’s stock traded hands. Affiliated Managers Group has a one year low of $171.81 and a one year high of $219.39. The stock has a 50-day moving average of $201.7 and a 200-day moving average of $194.9. The company has a market cap of $11.845 billion and a price-to-earnings ratio of 27.84.

Affiliated Managers Group (NYSE:AMG) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $2.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.60 by $0.05. The company had revenue of $541.00 million for the quarter, compared to the consensus estimate of $630.56 million. During the same quarter in the previous year, the company posted $2.18 earnings per share. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. Analysts expect that Affiliated Managers Group will post $11.86 EPS for the current fiscal year.

Affiliated Managers Group, Inc (NYSE:AMG) is a global asset management company with equity investments in a diverse group of boutique investment management firms (Affiliates).

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