AGF Management (TSE:AGF.B) Sets New 52-Week High at $9.49

AGF Management Limited (TSE:AGF.B – Get Rating)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as C$9.49 and last traded at C$9.38, with a volume of 10872 shares. The stock had previously closed at C$9.40.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on AGF.B shares. Barclays boosted their price objective on shares of AGF Management from C$8.00 to C$9.00 in a research note on Thursday, January 26th. CIBC lifted their price target on shares of AGF Management from C$6.75 to C$8.00 in a report on Tuesday, January 24th. Royal Bank of Canada raised shares of AGF Management from an “underperform” rating to a “sector perform” rating and lifted their price target for the stock from C$7.50 to C$9.50 in a report on Thursday, January 26th. Scotiabank lifted their price target on shares of AGF Management from C$8.50 to C$8.75 in a report on Wednesday, January 25th. Finally, BMO Capital Markets lifted their price target on shares of AGF Management from C$7.50 to C$8.50 in a report on Monday, January 23rd.

AGF Management Stock Up 0.2 %

The stock has a market capitalization of C$606.77 million, a PE ratio of 9.79, a price-to-earnings-growth ratio of 0.29 and a beta of 1.77. The company has a debt-to-equity ratio of 9.98, a current ratio of 1.62 and a quick ratio of 1.75. The business’s fifty day moving average price is C$8.25 and its two-hundred day moving average price is C$7.01.

About AGF Management

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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.