Shares of AGF Management Limited (TSE:AGF.B – Get Free Report) hit a new 52-week high during trading on Thursday after TD Securities raised their price target on the stock from C$10.00 to C$11.00. TD Securities currently has a buy rating on the stock. AGF Management traded as high as C$9.55 and last traded at C$9.50, with a volume of 114854 shares traded. The stock had previously closed at C$9.40.
AGF.B has been the topic of a number of other research reports. BMO Capital Markets boosted their price target on AGF Management from C$9.00 to C$10.00 and gave the stock a “market perform” rating in a research report on Monday, September 23rd. Desjardins lifted their target price on shares of AGF Management from C$12.00 to C$12.50 and gave the stock a “buy” rating in a report on Thursday, September 26th. Finally, Scotiabank increased their price target on shares of AGF Management from C$10.75 to C$11.25 in a report on Wednesday, September 18th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$11.39.
Read Our Latest Research Report on AGF.B
Insider Activity
AGF Management Price Performance
The company has a debt-to-equity ratio of 14.60, a current ratio of 1.58 and a quick ratio of 1.75. The firm has a market capitalization of C$610.76 million, a price-to-earnings ratio of 7.20, a PEG ratio of 1.18 and a beta of 1.71. The business’s fifty day simple moving average is C$8.10 and its 200 day simple moving average is C$8.22.
About AGF Management
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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