AGF Management (OTCMKTS:AGFMF) Share Price Crosses Below Two Hundred Day Moving Average of $5.54

AGF Management Limited (OTCMKTS:AGFMF – Get Rating) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.54 and traded as low as $5.01. AGF Management shares last traded at $5.01, with a volume of 200 shares.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AGFMF. TD Securities reduced their price target on AGF Management from C$8.00 to C$7.50 in a report on Thursday, June 23rd. Barclays upped their price target on AGF Management from C$7.50 to C$8.00 in a report on Friday, March 25th. BMO Capital Markets reduced their price target on AGF Management from C$8.50 to C$7.50 in a report on Thursday, June 23rd. Desjardins reduced their price target on AGF Management from C$9.00 to C$8.75 in a report on Friday, June 24th. Finally, Royal Bank of Canada cut AGF Management from a “sector perform” rating to an “underperform” rating in a report on Monday, April 25th.

AGF Management Trading Up 5.7 %

The business has a fifty day simple moving average of $5.08 and a 200 day simple moving average of $5.54.

About AGF Management

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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.