AGF Management (TSE:AGF.B) Given New C$20.00 Price Target at TD Securities

AGF Management (TSE:AGF.B) had its price objective raised by TD Securities from C$18.00 to C$20.00 in a research report released on Wednesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

AGF.B has been the subject of several other research reports. Scotiabank raised their target price on shares of AGF Management from C$17.50 to C$18.25 and gave the stock a “sector perform” rating in a report on Wednesday. Desjardins lifted their price objective on AGF Management from C$18.50 to C$20.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Royal Bank Of Canada boosted their price objective on AGF Management from C$18.00 to C$22.00 and gave the company an “outperform” rating in a report on Wednesday. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$18.54.

AGF Management Trading Up 0.5%

AGF Management stock opened at C$18.34 on Wednesday. The company has a quick ratio of 1.75, a current ratio of 1.19 and a debt-to-equity ratio of 11.27. AGF Management has a 52 week low of C$8.65 and a 52 week high of C$18.63. The company has a market capitalization of C$1.17 billion, a price-to-earnings ratio of 10.98, a price-to-earnings-growth ratio of 1.18 and a beta of 1.62. The stock has a 50-day moving average price of C$15.87 and a 200 day moving average price of C$14.14.

AGF Management (TSE:AGF.B) last issued its quarterly earnings results on Wednesday, September 24th. The company reported C$0.46 earnings per share for the quarter. AGF Management had a net margin of 16.58% and a return on equity of 7.64%. The company had revenue of C$107.50 million for the quarter. Sell-side analysts anticipate that AGF Management will post 1.5610119 EPS for the current year.

More AGF Management News

Here are the key news stories impacting AGF Management this week:

• Positive Sentiment: Royal Bank of Canada raised its target to C$22.00 and keeps an “outperform” rating (≈20% upside vs C$18.30), a strong institutional bullish signal that likely supports the rally. RBC Upgrade
• Positive Sentiment: Desjardins bumped its target to C$20.00 and moved to a “buy” rating (≈9% upside), reinforcing buy-side momentum from another domestic dealer. Desjardins Upgrade
• Positive Sentiment: TD Securities raised its target to C$20.00 and kept a “buy” call (≈9% upside); coverage from large dealers like TD adds liquidity-driven interest. TD Upgrade Additional Coverage
• Neutral Sentiment: AGF Management released its fourth-quarter and fiscal 2025 results (company filing). Investors will parse revenue, margins and flows in the report for sustainability of fees and earnings; without more context here the release is a near-term catalyst but impact depends on underlying detail. Q4 Results
• Neutral Sentiment: Scotiabank raised its target to C$18.25 but kept a “sector perform” rating; the target sits marginally below the current price (≈0.3% downside), a tempering signal versus the more bullish houses. Scotiabank Note

AGF Management Company Profile

AGF Management is a Canadian-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of May 2022, the firm had CAD 40.3 billion in total assets under management. AGF Management’s funds are weighted more heavily toward equities, with just over two thirds of retail AUM being equity related. That said, the company does use fundamental, quantitative and alternative strategies to manages its investment funds. AGF Management has a more meaningful portion of its business tied to institutional clients than its peers, with 26% of AUM derived from institutional and subadvised accounts.