AGF Management Limited (TSE:AGF.B - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$11.20 and traded as high as C$12.21. AGF Management shares last traded at C$12.11, with a volume of 63,190 shares traded.
Analyst Upgrades and Downgrades
Several research analysts have commented on the company. Desjardins lifted their price target on AGF Management from C$14.00 to C$15.00 and gave the stock a "buy" rating in a research report on Thursday, June 26th. Scotiabank boosted their target price on AGF Management from C$11.50 to C$14.00 and gave the company a "sector perform" rating in a report on Monday, June 23rd. TD Securities boosted their target price on AGF Management from C$13.00 to C$15.00 and gave the company a "buy" rating in a report on Thursday, June 19th. Finally, Jefferies Financial Group dropped their target price on AGF Management from C$12.00 to C$11.00 in a report on Monday, April 21st. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$13.83.
Check Out Our Latest Analysis on AGF Management
AGF Management Price Performance
The company has a 50-day moving average of C$12.46 and a two-hundred day moving average of C$11.20. The stock has a market capitalization of C$773.34 million, a PE ratio of 9.46, a P/E/G ratio of 1.18 and a beta of 1.73. The company has a debt-to-equity ratio of 11.27, a current ratio of 1.19 and a quick ratio of 1.75.
Insider Transactions at AGF Management
In related news, Senior Officer Kevin Andrew Mccreadie sold 62,100 shares of the stock in a transaction dated Monday, June 30th. The stock was sold at an average price of C$13.41, for a total value of C$832,761.00. Also, insider AGF EMPLOYEE BENEFIT PLAN TRUST sold 6,148 shares of the stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of C$12.91, for a total value of C$79,370.68. In the last quarter, insiders bought 93,440 shares of company stock valued at $1,136,048 and sold 176,733 shares valued at $2,180,218. 18.70% of the stock is currently owned by company insiders.
AGF Management Company Profile
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AGF Management is a Canadian-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of May 2022, the firm had CAD 40.3 billion in total assets under management. AGF Management's funds are weighted more heavily toward equities, with just over two thirds of retail AUM being equity related.
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