BMO Capital Markets Raises AGF Management (TSE:AGF.B) Price Target to C$11.00

AGF Management (TSE:AGF.B - Free Report) had its price objective boosted by BMO Capital Markets from C$10.00 to C$11.00 in a report issued on Wednesday morning,BayStreet.CA reports.

Several other analysts have also weighed in on the company. Jefferies Financial Group boosted their price objective on AGF Management from C$11.00 to C$12.00 and gave the company a "buy" rating in a report on Wednesday. Desjardins raised their price objective on AGF Management from C$12.00 to C$12.50 and gave the stock a "buy" rating in a research note on Thursday, September 26th. CIBC boosted their target price on shares of AGF Management from C$14.00 to C$17.00 and gave the company an "outperform" rating in a research note on Thursday, October 3rd. Scotiabank raised their price target on shares of AGF Management from C$10.75 to C$11.25 in a research report on Wednesday, September 18th. Finally, TD Securities boosted 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. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of C$12.11.

AGF Management Stock Down 0.8 %

TSE AGF.B traded down C$0.08 during trading hours on Wednesday, reaching C$10.42. 51,365 shares of the company traded hands, compared to its average volume of 45,538. The company has a 50 day moving average of C$10.87 and a two-hundred day moving average of C$9.45. The stock has a market capitalization of C$665.42 million, a PE ratio of 8.14, a PEG ratio of 1.18 and a beta of 1.73. AGF Management has a 12 month low of C$7.27 and a 12 month high of C$11.53. The company has a current ratio of 1.19, a quick ratio of 1.75 and a debt-to-equity ratio of 11.27.

Insider Buying and Selling at AGF Management

In other AGF Management news, Senior Officer Kevin Andrew Mccreadie sold 25,000 shares of the firm's stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of C$11.06, for a total transaction of C$276,500.00. Over the last 90 days, insiders have sold 102,334 shares of company stock worth $1,125,718. 18.70% of the stock is owned by company insiders.

AGF Management Company Profile

AGF 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.