AGF Management Limited (AGF.B) Receives Consensus Rating of “Hold” from Brokerages
AGF Management Limited (TSE:AGF.B) has been given a consensus rating of “Hold” by the nine brokerages that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$7.78.
Several research firms have issued reports on AGF.B. CIBC increased their target price on shares of AGF Management from C$7.50 to C$8.00 and gave the stock a “neutral” rating in a research note on Thursday, September 28th. Scotiabank increased their price target on shares of AGF Management from C$7.75 to C$8.00 and gave the stock a “sector perform” rating in a report on Thursday, September 28th. Desjardins increased their price target on shares of AGF Management from C$8.50 to C$9.00 and gave the stock a “norbord inc” rating in a report on Tuesday, October 31st. Royal Bank of Canada raised shares of AGF Management from an “underperform” rating to a “sector perform” rating and increased their price target for the stock from C$7.00 to C$8.50 in a report on Monday, September 18th. Finally, TD Securities increased their price target on shares of AGF Management from C$7.50 to C$9.50 and gave the stock a “buy” rating in a report on Monday, August 28th.
Shares of AGF Management (TSE:AGF.B) opened at C$8.26 on Friday. AGF Management has a 52 week low of C$5.77 and a 52 week high of C$8.47.
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About AGF Management
AGF Management Limited is a diversified global asset management company with retail, institutional, alternative and high-net-worth businesses. The Company offers solutions across four investment management platforms: Fundamental Active Management, Quantitative Solutions, Private Client and Alternative Asset.
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