AGF Management (OTCMKTS:AGFMF) Shares Pass Above Fifty Day Moving Average – What’s Next?

Shares of AGF Management Limited (OTCMKTS:AGFMF) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $10.00 and traded as high as $10.17. AGF Management shares last traded at $10.17, with a volume of 683 shares traded.

Analysts Set New Price Targets

AGFMF has been the topic of several analyst reports. BMO Capital Markets reaffirmed a “market perform” rating on shares of AGF Management in a report on Tuesday, September 16th. Scotiabank restated a “sector perform” rating on shares of AGF Management in a research note on Thursday, September 18th. Finally, Desjardins reaffirmed a “buy” rating on shares of AGF Management in a report on Thursday, September 25th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

AGF Management Trading Up 3.1%

The stock has a 50-day moving average price of $10.00 and a 200 day moving average price of $9.37.

AGF Management Company Profile

AGF Management Limited is one of Canada’s premier investment management companies with offices across Canada and subsidiaries around the world. 2007 marks AGF’s 50th anniversary ofproviding Canadians with innovative investment solutions across the wealth continuum. AGF’s products and services include a diversified family of more than 50 mutual funds, the evolutionary AGF Elements portfolios, the Harmony asset management program, AGF Private Investment Management, Institutional Account Services and AGF Trust GICs, loans and mortgages.