AMG Price Prediction Next Week
Stock Price Prediction for AMG
Based on the analysis of news sentiment, technical indicators, and fundamental data, the predicted stock price for Affiliated Managers Group (AMG) for the next trading week is $172.04.
Buy or Sell Recommendation
Hold. The stock is currently trading near its resistance level of $175.21, with support at $170.37. While there is potential for upside due to strong growth prospects and positive analyst sentiment, the current technical indicators suggest a neutral stance. It is recommended to wait for a clearer trend before making a buy or sell decision.
Key Factors Influencing the Prediction
News Sentiment:
- AMG has filed an automatic mixed securities shelf, indicating potential capital raising activities.
- The company is exploring the sale of its minority stake in Comvest Partners, which could impact its valuation.
Technical Indicators:
- The stock is trading near its Fibonacci pivot level of $162.53, with resistance at $170.37 and $175.21.
- The MACD is slightly bearish, but the RSI is neutral at 50.74.
Fundamental Analysis:
- Strong growth in 2024 and a strategic shift have garnered a buy rating.
- Analysts have adjusted price targets, with a range of $210 to $215.
Conclusion
The stock is expected to remain stable with a slight upward bias, but investors should monitor for any significant news or technical breaks before taking a position.
AMG Similar Chart Price Prediction
The price of AMG is predicted to go up -6.85%, based on the high correlation periods with SAN. The similarity of these two price pattern on the periods is 92.91%.
AMG
SAN
Down: -6.85%Similarity: 92.91%
AMG Revenue Forecast
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AMG VS S&P500
AMG's affiliate model provides it with a diverse product mix offering exposure to value and growth equity strategies, emerging-market equities, fixed-income, and alternatives.
Performance has improved for AMG's liquid alternatives (18% of AUM), with 85%, 95%, and 84% of assets beating benchmarks on a 3-, 5-, and 10-year basis, respectively, at the end of 2023.
AMG's U.S. equity (21% of AUM) long-term performance has held, with 42%, 77%, and 77% of assets beating their benchmarks on a 3-, 5-, and 10-year basis, respectively, at the end of the fourth quarter.
AMG Analyst's Forecast
Alexander Paris
Barrington Research
Buy
2025-02-06
Price Target
$200 → $215
Upside
+19.48%
Barrington raised the firm's price target on Affiliated Managers to $215 from $200 and keeps an Outperform rating on the shares following the Q4 beat. Affiliated has accelerated its evolution towards private markets and liquid alternatives, which is expected to enhance the company's long-term organic revenue and earnings growth profile, the analyst tells investors in a research note. The firm says that even after taking into account its lower near-term earnings estimates, Affiliated is still trading at a discount to peers.
Brian Bedell
Deutsche Bank
Strong Buy
2024-11-11
Price Target
$204 → $208
Upside
+12.04%
Alexander Paris
Barrington Research
Buy
2024-11-05
Price Target
$210 → $200
Upside
+12.48%
