Affiliated Managers Group, Inc. (AMG) Reaches $189.58 Formed H&S; WSP Global Inc. (TSE:WSP) Had 6 Bullish Analysts

April 2, 2018 - By John Hoffman

Affiliated Managers Group, Inc. (NYSE:AMG) Logo

Among 8 analysts covering WSP Global Inc (TSE:WSP), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. WSP Global Inc had 43 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by TD Securities with “Buy” on Thursday, March 2. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, September 19 report. Desjardins Securities initiated the shares of WSP in report on Thursday, September 17 with “Buy” rating. The company was maintained on Wednesday, September 21 by TD Securities. The rating was maintained by TD Securities on Thursday, August 6 with “Buy”. The company was maintained on Wednesday, November 9 by Scotia Capital. The firm has “Strong Buy” rating by Raymond James given on Thursday, March 2. The firm has “Sector Perform” rating given on Wednesday, May 11 by IBC. The stock of WSP Global Inc. (TSE:WSP) earned “Sector Perform” rating by National Bank Canada on Monday, November 28. As per Friday, October 30, the company rating was maintained by Scotia Capital. See WSP Global Inc. (TSE:WSP) latest ratings:

Affiliated Managers Group, Inc. (AMG) formed H&S with $176.31 target or 7.00% below today’s $189.58 share price. Affiliated Managers Group, Inc. (AMG) has $10.33 billion valuation. The stock increased 2.48% or $4.58 during the last trading session, reaching $189.58. About 266,571 shares traded. Affiliated Managers Group, Inc. (NYSE:AMG) has risen 16.50% since April 2, 2017 and is uptrending. It has outperformed by 4.95% the S&P500.

The stock increased 2.84% or $1.64 during the last trading session, reaching $59.34. About 204,889 shares traded or 24.31% up from the average. WSP Global Inc. (TSE:WSP) has 0.00% since April 2, 2017 and is . It has underperformed by 11.55% the S&P500.

WSP Global Inc. operates as a professional services firm in the United States, Canada, the United Kingdom, Sweden, and internationally. The company has market cap of $6.14 billion. The companyÂ’s Property & Buildings segment provides technical and management consultancy services, such as structural and mechanical, electrical, and plumbing engineering; and a range of specialist services, including fire engineering, lighting design, vertical transportation, acoustics, intelligent building systems, audiovisual systems, information technology, façade engineering, and green building design. It has a 28.53 P/E ratio. The Company’s Transportation & Infrastructure segment plans, analyzes, designs, and manages rail, transit, aviation, bridge, tunnel, highway, port, road, and urban infrastructure projects for public and private clients, and partners.

Since March 7, 2018, it had 0 buys, and 1 insider sale for $5.69 million activity. Horgen Jay C. also sold $5.69M worth of Affiliated Managers Group, Inc. (NYSE:AMG) shares.

Analysts await Affiliated Managers Group, Inc. (NYSE:AMG) to report earnings on May, 7. They expect $3.92 earnings per share, up 22.12% or $0.71 from last year’s $3.21 per share. AMG’s profit will be $213.62M for 12.09 P/E if the $3.92 EPS becomes a reality. After $4.68 actual earnings per share reported by Affiliated Managers Group, Inc. for the previous quarter, Wall Street now forecasts -16.24% negative EPS growth.

Investors sentiment increased to 1.13 in 2017 Q4. Its up 0.22, from 0.91 in 2017Q3. It increased, as 30 investors sold Affiliated Managers Group, Inc. shares while 145 reduced holdings. 62 funds opened positions while 135 raised stakes. 49.42 million shares or 0.29% less from 49.56 million shares in 2017Q3 were reported. Vaughan David Inc Il has invested 1.07% of its portfolio in Affiliated Managers Group, Inc. (NYSE:AMG). 6,555 were reported by Mesirow Financial Invest Management. First Manhattan reported 210 shares or 0% of all its holdings. Ameritas Invest Ptnrs holds 1,203 shares. State Bank Of America De stated it has 0.06% of its portfolio in Affiliated Managers Group, Inc. (NYSE:AMG). Td Asset Mgmt invested 0.01% in Affiliated Managers Group, Inc. (NYSE:AMG). Rhumbline Advisers accumulated 0.04% or 104,932 shares. State Board Of Administration Of Florida Retirement Systems invested in 75,712 shares or 0.04% of the stock. Tower Rech Limited Liability Company (Trc) has 0.05% invested in Affiliated Managers Group, Inc. (NYSE:AMG). Prudential Plc reported 133,200 shares. Howe Rusling Inc stated it has 47 shares. Stevens Capital Mgmt L P reported 0.22% stake. Numeric Investors Limited Liability Com reported 0% of its portfolio in Affiliated Managers Group, Inc. (NYSE:AMG). Fifth Third National Bank, a Ohio-based fund reported 754 shares. Winslow Evans Crocker reported 0.01% stake.

Among 10 analysts covering Affiliated Managers Group (NYSE:AMG), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Affiliated Managers Group had 49 analyst reports since August 9, 2015 according to SRatingsIntel. Citigroup maintained the shares of AMG in report on Thursday, April 14 with “Neutral” rating. The rating was upgraded by Citigroup to “Buy” on Friday, January 19. Citigroup maintained the shares of AMG in report on Tuesday, January 30 with “Buy” rating. The stock of Affiliated Managers Group, Inc. (NYSE:AMG) earned “Buy” rating by Goldman Sachs on Monday, March 21. Jefferies maintained Affiliated Managers Group, Inc. (NYSE:AMG) rating on Monday, September 25. Jefferies has “Buy” rating and $200.0 target. Goldman Sachs downgraded Affiliated Managers Group, Inc. (NYSE:AMG) on Tuesday, January 9 to “Hold” rating. The rating was maintained by Deutsche Bank on Friday, September 18 with “Buy”. The stock has “Buy” rating by Keefe Bruyette & Woods on Friday, September 1. The stock of Affiliated Managers Group, Inc. (NYSE:AMG) earned “Buy” rating by Deutsche Bank on Tuesday, January 26. The rating was maintained by Wood with “Buy” on Wednesday, April 5.

Affiliated Managers Group, Inc. (NYSE:AMG) Institutional Positions Chart