AGF Management (OTCMKTS:AGFMF) PT Lowered to C$7.00 at Scotiabank

AGF Management (OTCMKTS:AGFMFGet Rating) had its target price cut by Scotiabank from C$8.00 to C$7.00 in a research report released on Tuesday morning, The Fly reports.

A number of other equities research analysts also recently issued reports on the stock. TD Securities cut their price objective on shares of AGF Management from C$8.00 to C$7.50 in a research report on Thursday, June 23rd. Desjardins dropped their target price on shares of AGF Management from C$9.00 to C$8.75 in a report on Friday, June 24th. BMO Capital Markets dropped their target price on shares of AGF Management from C$8.50 to C$7.50 in a report on Thursday, June 23rd. Finally, Royal Bank of Canada downgraded shares of AGF Management from a sector perform rating to an underperform rating in a report on Monday, April 25th.

AGF Management Price Performance

Shares of AGFMF stock opened at $5.01 on Tuesday. AGF Management has a 1 year low of $4.74 and a 1 year high of $6.58. The firm has a fifty day moving average price of $5.07 and a 200-day moving average price of $5.50.

AGF Management Company Profile

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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.

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