AGF Management (TSE:AGF.B - Get Free Report) had its price target lifted by investment analysts at Jefferies Financial Group from C$11.00 to C$12.00 in a research report issued on Wednesday,BayStreet.CA reports. The firm presently has a "buy" rating on the stock. Jefferies Financial Group's price objective points to a potential upside of 15.16% from the company's previous close.
A number of other equities research analysts also recently weighed in on AGF.B. CIBC lifted their target price on AGF Management from C$14.00 to C$17.00 and gave the stock an "outperform" rating in a report on Thursday, October 3rd. 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 report on Wednesday, October 2nd. BMO Capital Markets raised 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 report on Monday, September 23rd. Desjardins boosted their price target on AGF Management from C$12.00 to C$12.50 and gave the company a "buy" rating in a research note on Thursday, September 26th. Finally, Scotiabank raised their price objective on AGF Management from C$10.75 to C$11.25 in a research note on Wednesday, September 18th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$12.11.
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AGF Management Stock Performance
Shares of AGF Management stock traded down C$0.08 on Wednesday, hitting C$10.42. The stock had a trading volume of 51,365 shares, compared to its average volume of 45,538. The stock has a market cap of C$665.42 million, a price-to-earnings ratio of 8.14, a price-to-earnings-growth ratio of 1.18 and a beta of 1.73. The company has a quick ratio of 1.75, a current ratio of 1.19 and a debt-to-equity ratio of 11.27. AGF Management has a twelve month low of C$7.27 and a twelve month high of C$11.53. The business's 50 day moving average is C$10.87 and its two-hundred day moving average is C$9.45.
Insiders Place Their Bets
In other news, Senior Officer Kevin Andrew Mccreadie sold 45,734 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of C$11.21, for a total value of C$512,678.14. Insiders sold 102,334 shares of company stock worth $1,125,718 over the last three months. Insiders own 18.70% of the company's stock.
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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