AGF Management Limited (TSE:AGF.B - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$9.14 and traded as high as C$11.22. AGF Management shares last traded at C$10.99, with a volume of 33,253 shares.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on AGF.B shares. BMO Capital Markets upped their target price on AGF Management from C$9.00 to C$10.00 and gave the company a "market perform" rating in a report on Monday, September 23rd. TD Securities lifted their price objective on 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. CIBC lifted their price target 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 upped their price target on shares of 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. Finally, Scotiabank upped their price target on AGF Management from C$10.75 to C$11.25 in a report on Wednesday, September 18th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, AGF Management presently has a consensus rating of "Moderate Buy" and a consensus target price of C$11.82.
View Our Latest Analysis on AGF.B
AGF Management Stock Performance
The company has a debt-to-equity ratio of 11.27, a quick ratio of 1.75 and a current ratio of 1.19. The firm's fifty day moving average price is C$10.81 and its 200 day moving average price is C$9.14. The firm has a market cap of C$691.60 million, a P/E ratio of 8.59, a price-to-earnings-growth ratio of 1.18 and a beta of 1.73.
Insider Buying and Selling
In other news, Senior Officer Kevin Andrew Mccreadie sold 45,734 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of C$11.21, for a total transaction of C$512,678.14. Insiders sold 135,174 shares of company stock valued at $1,468,896 over the last quarter. 18.70% of the stock is currently owned by company insiders.
AGF Management Company Profile
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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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