AGF Management Limited (OTCMKTS:AGFMF – Get Free Report) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 270,131 shares, a drop of 38.1% from the May 31st total of 436,128 shares. Based on an average daily trading volume, of 766 shares, the short-interest ratio is currently 352.7 days.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on AGFMF shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of AGF Management in a research note on Thursday, June 25th. BMO Capital Markets reissued a “market perform” rating on shares of AGF Management in a research report on Monday, June 22nd. Finally, Scotiabank restated a “sector perform” rating on shares of AGF Management in a research note on Monday, April 13th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on AGF Management
AGF Management Stock Performance
About AGF Management
AGF Management Limited is a Canadian-based investment management firm that offers a broad suite of products and services to retail, institutional and private wealth clients. The company’s core offerings include mutual funds, exchange-traded funds (ETFs), managed solutions and separately managed accounts. AGF’s investment platforms span equity, fixed-income, multi-asset and alternative strategies, allowing clients to access active management and customized portfolio solutions.
Founded in 1957 and headquartered in Toronto, AGF Management operates additional offices in Montreal and other locations across Canada.
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