Analysts have raised their price target for Affiliated Managers Group, increasing it by $11 to $274.86. This change reflects more optimistic revenue growth forecasts, despite a slightly higher discount rate and minor adjustments to profit margin expectations.
What's in the News
- AMG and Brown Brothers Harriman (BBH) announced a strategic collaboration to expand BBH's structured and alternative credit investment strategies into the U.S. wealth market using AMG's distribution and product development capabilities (Key Developments).
- As part of the alliance, BBH formed a new subsidiary, BBH Credit Partners, to house its taxable fixed income and structured credit business. AMG is providing seed capital and has made a minority investment (Key Developments).
- AMG completed the repurchase of 1,713,958 shares, totaling $293.31 million, as part of its ongoing share buyback program announced in July 2024 (Key Developments).
- The company issued earnings guidance for Q3 2025, projecting earnings per share between $5.62 and $5.87 (Key Developments).
Valuation Changes
- The Fair Value Estimate increased modestly from $263.86 to $274.86.
- The Discount Rate edged up slightly from 9.16% to 9.18%.
- The Revenue Growth projection rose from 5.17% to 5.98%.
- The Net Profit Margin forecast declined marginally from 28.15% to 27.77%.
- The Future P/E Ratio estimate climbed slightly from 11.87x to 12.26x.
Disclaimer
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