AGF Management Limited (TSE:AGF.B – Get Free Report)’s share price reached a new 52-week high during trading on Thursday after CIBC raised their price target on the stock from C$14.00 to C$17.00. CIBC currently has an outperform 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 changing hands. The stock had previously closed at C$9.40.
AGF.B has been the topic of several other reports. TD Securities upped their price target 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. Scotiabank upped their target price on shares of AGF Management from C$10.75 to C$11.25 in a research note on Wednesday, September 18th. BMO Capital Markets increased their price target on shares of 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. Finally, Desjardins boosted their price objective on AGF Management from C$12.00 to C$12.50 and gave the company a “buy” rating in a report on Thursday, September 26th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$11.82.
Read Our Latest Stock Report on AGF Management
Insider Buying and Selling at AGF Management
AGF Management Stock 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 stock has a fifty day moving average price of C$8.17 and a two-hundred day moving average price of C$8.25. The company has a market cap of C$674.40 million, a P/E ratio of 7.70, a PEG ratio of 1.18 and a beta of 1.71.
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.
Further Reading
- Five stocks we like better than AGF Management
- What is a Secondary Public Offering? What Investors Need to Know
- The Outlook for Interest Rate Cuts Got Blown Out of the Water
- How to Buy Cheap Stocks Step by Step
- 3 High-Risk, High-Reward Micro-Cap Stocks You Shouldn’t Ignore
- High Flyers: 3 Natural Gas Stocks for March 2022
- 3 Bargain Stocks Positioned for Gains After Missing 2024’s Rally
Receive News & Ratings for AGF Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGF Management and related companies with MarketBeat.com's FREE daily email newsletter.