AGF Management (TSE:AGF.B - Get Free Report) had its price objective increased by stock analysts at BMO Capital Markets from C$8.50 to C$9.00 in a report released on Friday, BayStreet.CA reports. BMO Capital Markets' price target would indicate a potential upside of 6.64% from the stock's previous close.
AGF.B has been the subject of a number of other research reports. Jefferies Financial Group lifted their target price on shares of AGF Management from C$9.00 to C$10.00 in a research note on Monday. TD Securities lifted their price objective on AGF Management from C$9.50 to C$10.00 and gave the company a "buy" rating in a research report on Tuesday, January 16th. Scotiabank increased their target price on AGF Management from C$9.50 to C$10.50 in a report on Tuesday. CIBC raised their target price on AGF Management from C$11.00 to C$14.00 in a research note on Friday. Finally, Royal Bank of Canada lifted their price target on AGF Management from C$9.00 to C$10.00 in a report on Friday. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of C$10.58.
Check Out Our Latest Stock Analysis on AGF Management
AGF Management Price Performance
Shares of AGF.B traded down C$0.18 during mid-day trading on Friday, reaching C$8.44. The company had a trading volume of 78,657 shares, compared to its average volume of 81,379. The company has a debt-to-equity ratio of 8.26, a current ratio of 1.39 and a quick ratio of 1.75. The company has a market capitalization of C$539.15 million, a P/E ratio of 6.49, a P/E/G ratio of 1.18 and a beta of 1.79. AGF Management has a twelve month low of C$6.30 and a twelve month high of C$9.05. The company's 50-day moving average is C$7.97 and its 200-day moving average is C$7.52.
Insider Activity at AGF Management
In other news, Director Judy Goldring purchased 50,100 shares of the firm's stock in a transaction dated Monday, January 29th. The stock was bought at an average price of C$4.99 per share, with a total value of C$249,999.00. In related news, insider AGF EMPLOYEE BENEFIT PLAN TRUST bought 50,000 shares of the company's stock in a transaction on Monday, March 25th. The shares were purchased at an average cost of C$8.08 per share, for a total transaction of C$404,000.00. Also, Director Judy Goldring purchased 50,100 shares of AGF Management stock in a transaction dated Monday, January 29th. The stock was bought at an average price of C$4.99 per share, with a total value of C$249,999.00. Over the last 90 days, insiders bought 353,365 shares of company stock worth $2,665,144 and sold 159,394 shares worth $1,236,812. Corporate insiders own 18.59% of the company's stock.
About AGF Management
(
Get Free Report)
AGF Management Limited is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to public and corporate DB pension plans, endowments and foundations, sovereign wealth funds, corporate plans, insurance companies, and sub-advised mandates. Through its subsidiaries, it manages separate client-focused equity, fixed income, and balanced mutual funds along with separate client-focused equity, fixed income, and balanced portfolios.
Further Reading
Before you consider AGF Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AGF Management wasn't on the list.
While AGF Management currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
