Is This Stock a Screaming Buy: Affiliated Managers Group Inc. (:AMG)

Equity Research firms currently have a positive stance on shares of Affiliated Managers Group Inc. (:AMG). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.40. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $193.00 on a short term basis.

At the time of writing, the stock was trading at $153.55. This represents a change from the opening price of -0.29%. In terms of performance, year to date, the stock is -3.33%. The monthly stock performance comes in at 4.56%. For the quarter, shares are performing at 11.23%. Weekly performance analysis shows the equity at 9.84%.

In taking a look at technical levels, shares are trading 6.59% away from the 50 day simple moving average and 2.78% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -19.50% away from it’s 52- week high and 32.40% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Affiliated Managers Group Inc.’s RSI stands at 63.39. In looking at volatility levels, the shares saw weekly volatility of 2.41% and 2.30% over the past month.

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