Scotiabank Raises AGF Management (OTCMKTS:AGFMF) Price Target to C$8.00

AGF Management (OTCMKTS:AGFMFGet Rating) had its price objective boosted by research analysts at Scotiabank from C$7.75 to C$8.00 in a research report issued to clients and investors on Thursday, The Fly reports.

AGFMF has been the subject of several other research reports. Barclays upped their price target on AGF Management from C$7.50 to C$8.00 in a report on Friday, March 25th. TD Securities cut their price objective on AGF Management from C$8.00 to C$7.50 in a research report on Thursday. Royal Bank of Canada cut AGF Management from a “sector perform” rating to an “underperform” rating in a research report on Monday, April 25th. Finally, Desjardins cut their price objective on AGF Management from C$10.75 to C$9.00 in a research report on Friday, June 17th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $8.17.

AGF Management stock traded up $0.11 during trading on Thursday, hitting $4.86. 400 shares of the company were exchanged, compared to its average volume of 874. The business’s 50 day moving average is $5.43 and its 200 day moving average is $5.74. AGF Management has a 52 week low of $4.75 and a 52 week high of $6.95.

AGF Management Company Profile (Get Rating)

AGF Management Limited is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to public and corporate DB pension plans, endowments and foundations, sovereign wealth funds, corporate plans, insurance companies, and sub-advised mandates. Through its subsidiaries, it manages separate client-focused equity, fixed income, and balanced mutual funds along with separate client-focused equity, fixed income, and balanced portfolios.

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