Scotiabank Cuts AGF Management (TSE:AGF.B) Price Target to C$4.25

AGF Management (TSE:AGF.B) had its target price trimmed by Scotiabank from C$8.00 to C$4.25 in a research report report published on Tuesday morning, BayStreet.CA reports.

Other analysts also recently issued reports about the company. BMO Capital Markets dropped their price objective on AGF Management from C$7.50 to C$4.00 in a research report on Monday. Royal Bank of Canada upped their price objective on AGF Management from C$7.00 to C$7.50 and gave the stock a sector perform rating in a research report on Thursday, January 23rd. Finally, TD Securities upped their price objective on AGF Management from C$7.00 to C$7.50 and gave the stock a hold rating in a research report on Thursday, January 23rd.

TSE:AGF.B opened at C$3.14 on Tuesday. The stock has a fifty day moving average price of C$5.67 and a 200-day moving average price of C$6.04. The company has a market cap of $255.18 million and a price-to-earnings ratio of 5.23. The company has a debt-to-equity ratio of 22.41, a quick ratio of 1.30 and a current ratio of 3.09. AGF Management has a fifty-two week low of C$2.54 and a fifty-two week high of C$7.26.

AGF Management Company Profile

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.

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