AGF Management (TSE:AGF.B - Free Report) had its price target lowered by Desjardins from C$13.50 to C$12.25 in a report issued on Wednesday,BayStreet.CA reports. The firm currently has a buy rating on the stock.
A number of other research analysts have also weighed in on AGF.B. TD Securities decreased their price target on shares of AGF Management from C$13.00 to C$12.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Jefferies Financial Group increased their target price on AGF Management from C$11.00 to C$12.00 and gave the company a "buy" rating in a report on Wednesday, January 8th. Finally, BMO Capital Markets lifted their price target on AGF Management from C$10.00 to C$11.00 in a research note on Wednesday, January 8th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of C$12.63.
View Our Latest Report on AGF Management
AGF Management Price Performance
TSE AGF.B traded down C$0.09 on Wednesday, hitting C$9.09. The company had a trading volume of 140,082 shares, compared to its average volume of 73,117. The company has a debt-to-equity ratio of 11.27, a current ratio of 1.19 and a quick ratio of 1.75. The company's fifty day moving average price is C$10.42 and its 200-day moving average price is C$10.60. The company has a market capitalization of C$580.49 million, a PE ratio of 7.10, a PEG ratio of 1.18 and a beta of 1.73. AGF Management has a 12-month low of C$7.37 and a 12-month high of C$11.95.
Insider Buying and Selling at AGF Management
In related news, insider AGF EMPLOYEE BENEFIT PLAN TRUST bought 21,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was purchased at an average cost of C$11.06 per share, for a total transaction of C$232,260.00. Insiders have bought a total of 89,700 shares of company stock valued at $1,033,992 over the last quarter. 18.70% of the stock is owned by company insiders.
About AGF Management
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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.
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