AGF Management (TSE:AGF.B – Get Free Report) had its price target hoisted by equities researchers at Jefferies Financial Group from C$9.00 to C$10.00 in a report released on Monday, BayStreet.CA reports. Jefferies Financial Group’s price target points to a potential upside of 20.05% from the stock’s current price.
Other analysts have also issued reports about the stock. Scotiabank increased their price target on shares of AGF Management from C$9.25 to C$9.50 and gave the company a “sector perform” rating in a research report on Thursday, January 25th. TD Securities increased their price objective on AGF Management from C$9.50 to C$10.00 and gave the company a “buy” rating in a report on Tuesday, January 16th. CIBC raised AGF Management from a “neutral” rating to an “outperform” rating and raised their price target for the stock from C$9.00 to C$11.00 in a report on Wednesday, February 28th. Finally, Royal Bank of Canada upped their price objective on shares of AGF Management from C$8.50 to C$9.00 and gave the company a “sector perform” rating in a report on Thursday, January 25th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, AGF Management presently has an average rating of “Hold” and a consensus target price of C$9.83.
Read Our Latest Stock Analysis on AGF Management
AGF Management Stock Performance
Insider Activity
In other news, insider AGF EMPLOYEE BENEFIT PLAN TRUST bought 150,000 shares of AGF Management stock in a transaction on Friday, March 1st. The stock was acquired at an average price of C$8.17 per share, with a total value of C$1,225,500.00. In related news, Senior Officer Kevin Andrew Mccreadie sold 17,594 shares of AGF Management stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of C$7.74, for a total transaction of C$136,177.56. Also, insider AGF EMPLOYEE BENEFIT PLAN TRUST purchased 150,000 shares of the stock in a transaction dated Friday, March 1st. The shares were purchased at an average cost of C$8.17 per share, for a total transaction of C$1,225,500.00. Over the last three months, insiders acquired 353,365 shares of company stock worth $2,665,144 and sold 159,394 shares worth $1,236,812. Company insiders own 18.59% of the company’s stock.
About AGF Management
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.
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