Affiliated Managers Group, Inc. (AMG) Hits All-Time High of $244.17; TD Cowen Raises Its Price Target to $338

Affiliated Managers Group, Inc. (NYSE:AMG) secures a spot on our list of the 20 NYSE Stocks with the Lowest P/E Ratios.

Affiliated Managers Group, Inc. (AMG) Hits All-Time High of $244.17; TD Cowen Raises Its Price Target to $338

After investor meetings with AMG’s senior management the day before, TD Cowen raised its price target on Affiliated Managers Group, Inc. (NYSE:AMG) to a Street-high $338 from $287 on September 23, 2025, while maintaining a Buy rating. As catalysts for further re-rating, the firm pointed to “powerful themes” such as improved sum-of-the-parts value and higher fund flows.

This call came just a few days after, on September 18, Affiliated Managers Group, Inc. (NYSE:AMG)’s stock hit an all-time high of $244.17. Investor confidence in the company’s strategy—which includes portfolio reshaping actions like last month’s deal to sell its stake in Comvest Partners’ private credit company to Manulife Financial Company—is reflected in the stock’s momentum.

Analysts believe these actions position Affiliated Managers Group, Inc. (NYSE:AMG) for long-term earnings growth and ongoing pressure to raise its value multiples.

In the U.S. and abroad, mutual funds, institutional clients, retail investors, and high-net-worth individuals can all benefit from the advisory and sub-advisory services that Affiliated Managers Group, Inc. (NYSE:AMG) offers through its affiliates. It is one of the Stocks with Low PE Ratio.

While we acknowledge the potential of AMG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMG and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 15 Stocks That Will Benefit From AI and 12 Best Quantum Computing Stocks to Buy According to Wall Street Analysts.

Disclosure: None.