AGF Management (TSE:AGF.B) Shares Pass Above Two Hundred Day Moving Average of $6.39

AGF Management Limited (TSE:AGF.BGet Rating)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$6.39 and traded as high as C$6.99. AGF Management shares last traded at C$6.86, with a volume of 147,565 shares traded.

Analysts Set New Price Targets

AGF.B has been the subject of a number of recent research reports. Scotiabank boosted their price target on AGF Management from C$7.50 to C$8.50 in a research note on Monday, October 31st. CIBC cut their price target on AGF Management from C$7.25 to C$6.75 in a research note on Monday, September 26th. TD Securities boosted their price target on AGF Management from C$7.50 to C$8.00 in a research note on Wednesday, August 3rd. Finally, Royal Bank of Canada cut their price target on AGF Management from C$7.00 to C$6.50 and set an “underperform” rating for the company in a research note on Monday, September 26th.

AGF Management Stock Up 1.5 %

The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 7.99. The firm has a market capitalization of C$443.27 million and a P/E ratio of 8.17. The company has a 50 day simple moving average of C$6.19 and a two-hundred day simple moving average of C$6.39.

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.

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