AGF Management Limited (OTCMKTS:AGFMF – Get Free Report) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 140,578 shares, a decrease of 48.0% from the June 15th total of 270,131 shares. Based on an average trading volume of 112,199 shares, the days-to-cover ratio is presently 1.3 days.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on AGFMF. Royal Bank Of Canada reiterated an “outperform” rating on shares of AGF Management in a report on Thursday, June 25th. Scotiabank restated a “sector perform” rating on shares of AGF Management in a research note on Monday, April 13th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of AGF Management in a report on Monday, June 22nd. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on AGFMF
AGF Management Stock Up 3.3%
AGF Management Company Profile
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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