Scotiabank Analysts Give AGF Management (TSE:AGF.B) a C$10.75 Price Target

Scotiabank set a C$10.75 target price on AGF Management (TSE:AGF.BFree Report) in a research note published on Thursday morning, BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Other equities research analysts also recently issued research reports about the company. CIBC upped their price target on AGF Management from C$11.00 to C$14.00 in a report on Friday, April 5th. Desjardins raised their price target on AGF Management from C$11.50 to C$12.00 and gave the stock a buy rating in a research note on Monday, June 24th. Jefferies Financial Group raised their price target on AGF Management from C$10.00 to C$11.00 in a research note on Sunday, April 7th. Royal Bank of Canada raised their price target on AGF Management from C$9.00 to C$10.00 in a research note on Friday, April 5th. Finally, BMO Capital Markets lifted their price target on AGF Management from C$8.50 to C$9.00 in a research note on Friday, April 5th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of Moderate Buy and an average target price of C$10.96.

View Our Latest Stock Report on AGF Management

AGF Management Price Performance

AGF.B stock opened at C$8.45 on Thursday. The company has a current ratio of 1.73, a quick ratio of 1.75 and a debt-to-equity ratio of 11.08. The company has a market capitalization of C$546.12 million, a PE ratio of 5.63, a P/E/G ratio of 1.18 and a beta of 1.78. AGF Management has a 12-month low of C$6.30 and a 12-month high of C$9.05. The business’s fifty day moving average price is C$8.31 and its 200 day moving average price is C$8.06.

Insider Buying and Selling at AGF Management

In other news, insider AGF EMPLOYEE BENEFIT PLAN TRUST purchased 124,500 shares of the stock in a transaction on Thursday, June 6th. The stock was purchased at an average price of C$8.46 per share, with a total value of C$1,053,270.00. Over the last 90 days, insiders bought 147,160 shares of company stock valued at $1,238,023. Company insiders own 18.65% of the company’s stock.

About AGF Management

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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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Analyst Recommendations for AGF Management (TSE:AGF.B)

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