Shares of AGF Management Limited (TSE:AGF.B – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$10.75 and last traded at C$10.68, with a volume of 123288 shares trading hands. The stock had previously closed at C$10.44.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on AGF.B shares. CIBC raised their target price on AGF Management from C$14.00 to C$17.00 and gave the company an “outperform” rating in a report on Thursday, October 3rd. Scotiabank raised their target price on AGF Management from C$10.75 to C$11.25 in a report on Wednesday, September 18th. TD Securities raised their target price on AGF Management from C$10.00 to C$11.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Desjardins raised their target price 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. Finally, BMO Capital Markets raised their target price on AGF Management from C$9.00 to C$10.00 and gave the company a “market perform” rating in a report on Monday, September 23rd. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, AGF Management presently has a consensus rating of “Moderate Buy” and an average target price of C$11.82.
Get Our Latest Stock Analysis on AGF.B
AGF Management Stock Performance
Insider Activity
In related news, Director Cybele Negris purchased 6,000 shares of the business’s stock in a transaction on Wednesday, July 31st. The stock was acquired at an average price of C$8.15 per share, for a total transaction of C$48,900.00. In other AGF Management news, Director Laura Lee Dottori-Attanasio bought 12,500 shares of the business’s stock in a transaction dated Friday, August 2nd. The shares were purchased at an average price of C$7.99 per share, for a total transaction of C$99,833.75. Also, Director Cybele Negris bought 6,000 shares of the business’s stock in a transaction dated Wednesday, July 31st. The stock was acquired at an average price of C$8.15 per share, for a total transaction of C$48,900.00. Insiders bought a total of 51,585 shares of company stock worth $411,226 in the last three months. Company insiders own 18.70% of the company’s stock.
AGF Management Company Profile
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.
Recommended Stories
- Five stocks we like better than AGF Management
- What is a Secondary Public Offering? What Investors Need to Know
- MercadoLibre Targets Double-Digit Upside with Argentina Boom
- How to Evaluate a Stock Before Buying
- Domino’s Pizza Stock Delivers: A Hot Buy for Growth Investors
- How Technical Indicators Can Help You Find Oversold Stocks
- 3 Small-Cap Stocks Ready to Deliver Significant Growth
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.