Affiliated Managers Group, Inc. Price & Performance (MGRE)

Affiliated Managers Group (NYSE:AMG) stock reached a 52-week low at $21.57, reflecting a challenging market environment. Despite this, the company showcases strong fundamentals, including a P/E ratio of 10.56 and a consistent dividend history. Investors are closely watching its strategic moves to recover from this downturn.1

Affiliated Managers Group has received varied analyst ratings, with some upgrading the stock to "buy" while others lowered it to "neutral." The firm’s average price target stands at $198.40. The asset manager’s recent performance, including an EPS beat, continues to attract investor attention despite market headwinds.23

Affiliated Managers Group is reportedly considering selling its minority stake in Comvest Partners, an alternative asset manager overseeing $15.7 billion. The potential transaction, which could value Comvest at over $700 million, underscores AMG's strategic efforts to optimize its portfolio amid market challenges.