AGF Management Limited (TSE:AGF.B) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of AGF Management Limited (TSE:AGF.B – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is C$20.28.

A number of equities analysts recently commented on the company. Scotia decreased their price target on AGF Management from C$20.00 to C$18.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 15th. Royal Bank Of Canada lifted their price target on AGF Management from C$21.00 to C$23.00 and gave the stock an “outperform” rating in a research note on Thursday. Desjardins lifted their price target on AGF Management from C$22.00 to C$23.00 and gave the stock a “buy” rating in a research note on Thursday. BMO Capital Markets lifted their price target on AGF Management from C$19.00 to C$20.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 8th. Finally, TD lifted their price target on AGF Management from C$19.00 to C$24.00 and gave the stock a “buy” rating in a research note on Friday, June 19th.

Get AGF Management alerts:

Check Out Our Latest Analysis on AGF Management

AGF Management Stock Up 0.5%

TSE:AGF.B opened at C$19.57 on Monday. The company has a market capitalization of C$1.25 billion, a price-to-earnings ratio of 11.38, a price-to-earnings-growth ratio of 1.18 and a beta of 1.31. AGF Management has a one year low of C$11.57 and a one year high of C$21.30. The stock has a 50-day simple moving average of C$17.36 and a 200 day simple moving average of C$17.88. The company has a debt-to-equity ratio of 11.27, a quick ratio of 1.75 and a current ratio of 1.19.

AGF Management (TSE:AGF.B – Get Free Report) last posted its quarterly earnings results on Wednesday, June 24th. The company reported C$0.72 EPS for the quarter. The business had revenue of C$126.70 million during the quarter. AGF Management had a return on equity of 7.64% and a net margin of 16.58%. Sell-side analysts predict that AGF Management will post 1.5610119 EPS for the current fiscal year.

About AGF Management

(Get Free Report)

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.

Featured Stories

• Five stocks we like better than AGF Management
• Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
• AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
• Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
• Xcel Energy Stock Offers Stability as Electricity Demand Builds

Receive News & Ratings for AGF Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGF Management and related companies with MarketBeat.com's FREE daily email newsletter.