Analysts Set AGF Management Limited (TSE:AGF.B) PT at C$20.28

Shares of AGF Management Limited (TSE:AGF.B) have earned an average rating of “Moderate Buy” from the eight research firms that are presently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$20.28.

A number of equities analysts recently issued reports on the stock. Royal Bank Of Canada lowered shares of AGF Management from an “outperform” rating to a “sector perform” rating and set a C$23.00 target price for the company. in a research report on Tuesday. Desjardins boosted their target price on AGF Management from C$22.00 to C$23.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Finally, TD increased their price target on AGF Management from C$19.00 to C$24.00 and gave the company a “buy” rating in a research note on Friday, June 19th.

AGF Management Trading Up 1.8%

Shares of AGF.B stock opened at C$20.25 on Friday. AGF Management has a 1 year low of C$13.02 and a 1 year high of C$24.20. The firm has a market capitalization of C$1.29 billion, a PE ratio of 9.78, a price-to-earnings-growth ratio of 1.18 and a beta of 1.18. The stock has a fifty day moving average of C$22.27 and a two-hundred day moving average of C$19.78. The company has a debt-to-equity ratio of 11.27, a quick ratio of 1.75 and a current ratio of 1.19.

AGF Management (TSE:AGF.B) last issued its quarterly earnings results on Wednesday, June 24th. The company reported C$0.72 EPS 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$126.70 million for the quarter. As a group, research analysts expect that AGF Management will post 1.5610119 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.