AGF Management (AGF.B) – Research Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of AGF Management (TSE: AGF.B) recently:

• 9/26/2024 – AGF Management had its price target raised by analysts at Desjardins from C$12.00 to C$12.50. They now have a “buy” rating on the stock.
• 9/23/2024 – AGF Management had its price target raised by analysts at BMO Capital Markets from C$9.00 to C$10.00. They now have a “market perform” rating on the stock.
• 9/18/2024 – AGF Management had its price target raised by analysts at Scotiabank from C$10.75 to C$11.25.
• 9/13/2024 – AGF Management was given a new C$12.00 price target on by analysts at Desjardins. They now have a “buy” rating on the stock.

AGF Management Price Performance

AGF.B remained flat at C$9.40 during trading hours on Wednesday. The company had a trading volume of 50,580 shares, compared to its average volume of 65,269. The stock has a 50 day simple moving average of C$8.10 and a 200-day simple moving average of C$8.22. AGF Management Limited has a 52-week low of C$6.30 and a 52-week high of C$9.54. The firm has a market capitalization of C$604.33 million, a PE ratio of 7.12, a price-to-earnings-growth ratio of 1.18 and a beta of 1.71. The company has a debt-to-equity ratio of 14.60, a quick ratio of 1.75 and a current ratio of 1.58.

Insiders Place Their Bets

In other AGF Management news, Director Cybele Negris purchased 6,000 shares of the stock in a transaction dated Wednesday, July 31st. The shares were bought at an average cost of C$8.15 per share, with a total value of C$48,900.00. In other news, Director Laura Lee Dottori-Attanasio bought 12,500 shares of the stock in a transaction that occurred on Friday, August 2nd. The shares were purchased at an average cost of C$7.99 per share, with a total value of C$99,833.75. Also, Director Cybele Negris bought 6,000 shares of the stock in a transaction that occurred on Wednesday, July 31st. The shares were purchased at an average cost of C$8.15 per share, for a total transaction of C$48,900.00. Insiders have purchased 52,885 shares of company stock valued at $421,964 over the last three months. Company insiders own 18.74% of the company’s stock.

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.