AGF Management Limited (TSE:AGF.B) Stock Has Consensus Price Target of C$19.46

AGF Management Limited (TSE:AGF.B) has been assigned an average recommendation of “Hold” from the seven brokerages that are covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$19.46.

Several equities research analysts have commented on AGF.B shares. Desjardins dropped their price objective on shares of AGF Management from C$23.00 to C$21.00 and set a “buy” rating on the stock in a report on Thursday, September 24th. BMO Capital Markets reduced their target price on shares of AGF Management from C$21.00 to C$19.00 in a research note on Thursday, September 24th. Royal Bank Of Canada lowered their price target on shares of AGF Management from C$23.00 to C$20.00 and set a “sector perform” rating on the stock in a research report on Thursday, September 24th. Finally, TD dropped their price target on shares of AGF Management from C$23.00 to C$20.00 and set a “buy” rating on the stock in a research note on Thursday, September 24th.

AGF Management Stock Down 1.6%

Shares of TSE AGF.B opened at C$14.75 on Friday. AGF Management has a one year low of C$13.36 and a one year high of C$24.20. The company has a debt-to-equity ratio of 11.27, a current ratio of 1.19 and a quick ratio of 1.75. The business’s fifty day moving average price is C$18.36 and its 200-day moving average price is C$19.03. The stock has a market capitalization of C$932.94 million, a PE ratio of 6.92, a P/E/G ratio of 1.18 and a beta of 1.41.

AGF Management (TSE:AGF.B) last posted its quarterly earnings results on Wednesday, September 23rd. The company reported C$0.49 earnings per share for the quarter. AGF Management had a return on equity of 7.64% and a net margin of 16.58%. The company had revenue of C$112.50 million during the quarter. On average, equities research analysts anticipate that AGF Management will post 1.56 EPS for the current year.

About AGF Management

Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth. AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.