AGF Management Limited (TSE:AGF.B) Stock Has Average Price Target of C$19.46 According to Analysts

Shares of AGF Management Limited (TSE:AGF.B) have earned an average recommendation of “Hold” from the seven research firms that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is C$19.46.

AGF.B has been the topic of several research reports. Desjardins dropped their price objective on shares of AGF Management from C$23.00 to C$21.00 and set a “buy” rating on the stock in a report on Thursday, September 24th. Royal Bank Of Canada dropped their target price on shares of AGF Management from C$23.00 to C$20.00 and set a “sector perform” rating for the company in a research report on Thursday, September 24th. BMO Capital Markets cut their price target on shares of AGF Management from C$21.00 to C$19.00 in a report on Thursday, September 24th. Finally, TD reduced their price target on shares of AGF Management from C$23.00 to C$20.00 and set a “buy” rating on the stock in a research report on Thursday, September 24th.

AGF Management Trading Up 0.4%

AGF Management stock opened at C$15.37 on Wednesday. The company has a debt-to-equity ratio of 11.27, a current ratio of 1.19 and a quick ratio of 1.75. The company has a market capitalization of C$972.15 million, a price-to-earnings ratio of 7.22, a PEG ratio of 1.18 and a beta of 1.18. AGF Management has a one year low of C$13.33 and a one year high of C$24.20. The company’s fifty day moving average price is C$20.77 and its two-hundred day moving average price is C$19.50.

About AGF Management

Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth. AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.