AGF Management (OTCMKTS:AGFMF) Shares Cross Above 50 Day Moving Average – Here’s Why

AGF Management Limited (OTCMKTS:AGFMFGet Free Report)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $13.80 and traded as high as $14.44. AGF Management shares last traded at $14.44, with a volume of 278 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Scotiabank reissued a “sector perform” rating on shares of AGF Management in a research report on Friday, January 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of AGF Management in a research report on Wednesday, January 28th. TD Securities reiterated a “buy” rating on shares of AGF Management in a research note on Wednesday, January 28th. BMO Capital Markets reissued a “market perform” rating on shares of AGF Management in a report on Monday, January 26th. Finally, Desjardins restated a “buy” rating on shares of AGF Management in a research note on Thursday, January 22nd. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Read Our Latest Research Report on AGFMF

AGF Management Stock Performance

The firm’s fifty day moving average is $13.80 and its 200 day moving average is $11.67.

AGF Management Company Profile

(Get Free Report)

AGF Management Limited is a Canadian-based investment management firm that offers a broad suite of products and services to retail, institutional and private wealth clients. The company’s core offerings include mutual funds, exchange-traded funds (ETFs), managed solutions and separately managed accounts. AGF’s investment platforms span equity, fixed-income, multi-asset and alternative strategies, allowing clients to access active management and customized portfolio solutions.

Founded in 1957 and headquartered in Toronto, AGF Management operates additional offices in Montreal and other locations across Canada.

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