Royal Bank Of Canada Reiterates “Underperform” Rating for AGF Management Limited (AGF.B)
AGF Management Limited (TSE:AGF.B)‘s stock had its “underperform” rating reaffirmed by Royal Bank Of Canada in a research note issued on Thursday, StockTargetPrices.com reports. They presently have a C$5.00 target price on the stock.
Other analysts have also issued reports about the company. CIBC began coverage on AGF Management Limited in a research report on Wednesday, June 15th. They issued a “sector perform” rating and a C$5.50 target price for the company. Canaccord Genuity boosted their target price on AGF Management Limited from C$4.75 to C$5.00 and gave the company a “sell” rating in a research report on Tuesday, July 12th. TD Securities reaffirmed a “hold” rating and issued a C$5.50 target price on shares of AGF Management Limited in a research report on Thursday, June 30th. Scotiabank reaffirmed a “sector perform” rating and issued a C$5.50 target price on shares of AGF Management Limited in a research report on Tuesday, June 21st. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a C$5.25 target price on shares of AGF Management Limited in a research report on Thursday, June 30th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of C$5.19.
AGF Management Limited Company Profile
AGF Management Limited (AGF) is an investment management company. The Company’s products and services include investment solutions for retail, institutional and high-net-worth clients. AGF’s products include mutual funds, mutual fund wrap programs and pooled funds. AGF also manages assets on behalf of institutional investors, including pension plans, foundations and endowments, as well as for private clients.
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