KBW Reaffirms Their Buy Rating on Artisan Partners

By Jason Carr

KBW analyst Robert Lee reiterated a Buy rating on Artisan Partners (NYSE: APAM) yesterday and set a price target of $33. The company’s shares closed yesterday at $28.95.

According to TipRanks.com, Lee is a 5-star analyst with an average return of 7.6% and a 68.6% success rate. Lee covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Oaktree Capital Group Llc, and SEI Investments Company.

Artisan Partners has an analyst consensus of Moderate Buy, with a price target consensus of $30.50.

Artisan Partners’ market cap is currently $1.39B and has a P/E ratio of 18.26. The company has a book value ratio of 10.2112.

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Artisan Partners Asset Management, Inc. operates as an investment management company, which provides investment strategies to clients globally. It offers investment management services primarily to institutions and through intermediaries that operate with institutional-like decision-making processes and have longer-term investment horizons, by means of separate accounts and mutual funds. The company was founded in 1994 and is headquartered in Milwaukee, WI.