AGF Management Limited (TSE:AGF.B - Get Free Report) has been given a consensus rating of "Moderate Buy" by the six ratings firms that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$11.82.
A number of research firms recently issued reports on AGF.B. BMO Capital Markets increased their target price on shares of AGF Management from C$9.00 to C$10.00 and gave the stock a "market perform" rating in a research report on Monday, September 23rd. CIBC increased their price objective on shares of AGF Management from C$14.00 to C$17.00 and gave the company an "outperform" rating in a research report on Thursday, October 3rd. Desjardins increased their price objective on shares of AGF Management from C$12.00 to C$12.50 and gave the company a "buy" rating in a research report on Thursday, September 26th. Scotiabank increased their price objective on shares of AGF Management from C$10.75 to C$11.25 in a research report on Wednesday, September 18th. Finally, TD Securities increased their price objective on shares of AGF Management from C$10.00 to C$11.00 and gave the company a "buy" rating in a research report on Wednesday, October 2nd.
Get Our Latest Stock Analysis on AGF.B
Insider Buying and Selling at AGF Management
In other news, Senior Officer Kevin Andrew Mccreadie sold 31,600 shares of the company's stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of C$10.65, for a total value of C$336,540.00. Also, insider AGF EMPLOYEE BENEFIT PLAN TRUST acquired 16,100 shares of AGF Management stock in a transaction on Tuesday, September 3rd. The shares were purchased at an average cost of C$7.97 per share, with a total value of C$128,317.00. Corporate insiders own 18.70% of the company's stock.
AGF Management Price Performance
TSE:AGF.B opened at C$10.93 on Thursday. The firm has a market cap of C$697.99 million, a price-to-earnings ratio of 8.54, a price-to-earnings-growth ratio of 1.18 and a beta of 1.73. The company has a current ratio of 1.19, a quick ratio of 1.75 and a debt-to-equity ratio of 11.27. The company's 50-day moving average is C$10.06 and its two-hundred day moving average is C$8.86. AGF Management has a 12-month low of C$7.04 and a 12-month high of C$11.53.
AGF Management Company Profile
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Get Free ReportAGF Management Limited is one of Canada's premier investment management companies with offices across Canada and subsidiaries around the world. 2007 marks AGF's 50th anniversary ofproviding Canadians with innovative investment solutions across the wealth continuum. AGF's products and services include a diversified family of more than 50 mutual funds, the evolutionary AGF Elements portfolios, the Harmony asset management program, AGF Private Investment Management, Institutional Account Services and AGF Trust GICs, loans and mortgages.
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