AGF Management Limited (TSE:AGF.B) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of AGF Management Limited (TSE:AGF.B) have been given an average rating of “Moderate Buy” by the seven analysts that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$19.18.

AGF.B has been the topic of a number of research analyst reports. Royal Bank Of Canada increased their price target on AGF Management from C$18.00 to C$22.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. TD Securities increased their price target on AGF Management from C$18.00 to C$20.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Scotia dropped their price target on AGF Management from C$20.00 to C$18.00 and set a “sector perform” rating on the stock in a research note on Wednesday, April 15th. BMO Capital Markets increased their price target on AGF Management from C$19.00 to C$20.00 and gave the company a “market perform” rating in a research note on Wednesday, April 8th. Finally, Scotiabank increased their price target on AGF Management from C$17.50 to C$18.25 and gave the company a “sector perform” rating in a research note on Wednesday, January 28th.

AGF Management Trading Down 0.1%

Shares of AGF Management stock opened at C$17.29 on Thursday. AGF Management has a 12-month low of C$11.43 and a 12-month high of C$20.91. The stock has a market cap of C$1.10 billion, a P/E ratio of 10.05, a P/E/G ratio of 1.18 and a beta of 1.45. The company has a quick ratio of 1.75, a current ratio of 1.19 and a debt-to-equity ratio of 11.27. The business’s 50 day moving average is C$17.79 and its 200-day moving average is C$17.20.

AGF Management (TSE:AGF.B) last announced its quarterly earnings data on Tuesday, April 14th. The company reported C$0.30 earnings per share (EPS) for the quarter. AGF Management had a return on equity of 7.64% and a net margin of 16.58%.The company had revenue of C$95.30 million for the quarter. Equities research analysts predict that AGF Management will post 1.5610119 earnings per share for the current fiscal year.

AGF Management Company Profile

Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth. AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.