AGF Management Limited (TSE:AGF.B) Receives C$20.28 Average PT from Analysts

Shares of AGF Management Limited (TSE:AGF.B) have earned a consensus rating of “Moderate Buy” from the eight brokerages that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is C$20.28.

Several equities research analysts have weighed in on AGF.B shares. TD increased their target price on AGF Management from C$19.00 to C$24.00 and gave the stock a “buy” rating in a research report on Friday, June 19th. Royal Bank Of Canada upped their price target on shares of AGF Management from C$21.00 to C$23.00 and gave the stock an “outperform” rating in a research report on Thursday, June 25th. Finally, Desjardins increased their price objective on shares of AGF Management from C$22.00 to C$23.00 and gave the stock a “buy” rating in a report on Thursday, June 25th.

AGF Management Stock Down 0.5%

Shares of AGF Management stock opened at C$23.11 on Tuesday. The company has a current ratio of 1.19, a quick ratio of 1.75 and a debt-to-equity ratio of 11.27. The business’s 50 day simple moving average is C$21.45 and its 200-day simple moving average is C$19.40. The stock has a market capitalization of C$1.47 billion, a price-to-earnings ratio of 11.16, a PEG ratio of 1.18 and a beta of 1.25. AGF Management has a twelve month low of C$11.57 and a twelve month high of C$24.20.

AGF Management (TSE:AGF.B) last announced its quarterly earnings results on Wednesday, June 24th. The company reported C$0.72 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 business had revenue of C$126.70 million for the quarter. Equities research analysts forecast that AGF Management will post 1.5610119 earnings per share for the current 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.