AGF Management (TSE:AGF.B) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

AGF Management (TSE:AGF.B) had its price target upped by Jefferies Financial Group from C$11.00 to C$12.00 in a research report report published on Wednesday,BayStreet.CA reports. Jefferies Financial Group currently has a buy rating on the stock.

Other research analysts have also issued reports about the stock. Scotiabank lifted their price objective on shares of AGF Management from C$10.75 to C$11.25 in a research note on Wednesday, September 18th. Desjardins lifted their price target on AGF Management from C$12.00 to C$12.50 and gave the company a “buy” rating in a report on Thursday, September 26th. CIBC increased their price target on AGF Management from C$14.00 to C$17.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. BMO Capital Markets upped their target price on AGF Management from C$9.00 to C$10.00 and gave the company a “market perform” rating in a research report on Monday, September 23rd. Finally, TD Securities increased their price objective on AGF Management from C$10.00 to C$11.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$12.11.

AGF Management Trading Down 0.8 %

Shares of AGF.B stock opened at C$10.42 on Wednesday. The company has a debt-to-equity ratio of 11.27, a quick ratio of 1.75 and a current ratio of 1.19. The stock has a fifty day simple moving average of C$10.87 and a two-hundred day simple moving average of C$9.45. The firm has a market capitalization of C$665.42 million, a PE ratio of 8.14, a PEG ratio of 1.18 and a beta of 1.73. AGF Management has a 52-week low of C$7.27 and a 52-week high of C$11.53.

Insider Activity

In related news, Senior Officer Kevin Andrew Mccreadie sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of C$11.06, for a total transaction of C$276,500.00. Over the last three months, insiders have sold 102,334 shares of company stock worth $1,125,718. Corporate insiders own 18.70% of the company’s stock.

AGF Management Company Profile

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.