Acadian Asset Management (AAMI) Gets a Hold from RBC Capital
RBC Capital analyst Kenneth Lee maintained a Hold rating on Acadian Asset Management yesterday and set a price target of $49.00.
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Lee covers the Financial sector, focusing on stocks such as Ares Management, Ameriprise Financial, and Federated Hermes. According to TipRanks, Lee has an average return of 11.5% and a 65.61% success rate on recommended stocks.
Currently, the analyst consensus on Acadian Asset Management is a Hold with an average price target of $50.00.
Based on Acadian Asset Management’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $144.2 million and a net profit of $15.1 million. In comparison, last year the company earned a revenue of $123.1 million and had a net profit of $16.9 million
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