AGF Management (TSE:AGF.B) PT Raised to C$8.50 at BMO Capital Markets

AGF Management (TSE:AGF.B – Get Rating) had its price objective upped by BMO Capital Markets from C$7.50 to C$8.50 in a research note released on Monday, BayStreet.CA reports.

Other analysts have also recently issued reports about the company. CIBC dropped their price objective on AGF Management from C$7.25 to C$6.75 in a report on Monday, September 26th. Royal Bank of Canada lowered their target price on shares of AGF Management from C$7.00 to C$6.50 and set an underperform rating for the company in a report on Monday, September 26th. Finally, Scotiabank increased their price target on AGF Management from C$7.50 to C$8.50 in a research note on Monday, October 31st.

AGF Management Stock Up 2.1 %

Shares of AGF.B opened at C$8.08 on Monday. The business’s fifty day moving average price is C$6.96 and its two-hundred day moving average price is C$6.50. The firm has a market capitalization of C$522.65 million and a price-to-earnings ratio of 9.62. AGF Management has a 52 week low of C$5.63 and a 52 week high of C$8.22. The company has a debt-to-equity ratio of 7.99, a quick ratio of 1.75 and a current ratio of 1.75.

Insider Transactions at AGF Management

In other AGF Management news, Senior Officer Kevin Andrew Mccreadie sold 41,951 shares of the stock in a transaction dated Monday, November 28th. The stock was sold at an average price of C$6.50, for a total value of C$272,681.50. Following the completion of the sale, the insider now directly owns 208,049 shares in the company, valued at C$1,352,318.50.

AGF Management Company Profile

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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.