AGF Management (TSE:AGF.B) Price Target Raised to C$24.00 at TD

AGF Management (TSE:AGF.B) had its price target raised by investment analysts at TD from C$19.00 to C$24.00 in a note issued to investors on Friday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD’s target price suggests a potential upside of 18.05% from the stock’s current price.

Several other equities analysts also recently commented on the company. Desjardins increased their target price on AGF Management from C$20.00 to C$22.00 and gave the company a “buy” rating in a research report on Wednesday. Scotia dropped their price target on AGF Management from C$20.00 to C$18.00 and set a “sector perform” rating on the stock in a report on Wednesday, April 15th. Finally, BMO Capital Markets boosted their price target on shares of AGF Management from C$19.00 to C$20.00 and gave the company a “market perform” rating in a research report on Wednesday, April 8th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$20.03.

AGF Management Trading Up 1.2%

Shares of AGF Management stock traded up C$0.24 on Friday, hitting C$20.33. 55,427 shares of the company’s stock traded hands, compared to its average volume of 237,119. The stock has a market capitalization of C$1.30 billion, a PE ratio of 11.82, a price-to-earnings-growth ratio of 1.18 and a beta of 1.31. The firm’s 50-day moving average price is C$17.27 and its two-hundred day moving average price is C$17.68. The company has a debt-to-equity ratio of 11.27, a current ratio of 1.19 and a quick ratio of 1.75. AGF Management has a one year low of C$11.57 and a one year high of C$20.91.

AGF Management (TSE:AGF.B) last posted its quarterly earnings data on Tuesday, April 14th. The company reported C$0.30 EPS for the quarter. AGF Management had a net margin of 16.58% and a return on equity of 7.64%. The business had revenue of C$95.30 million for the quarter. On average, research analysts expect that AGF Management will post 1.5610119 EPS for the current fiscal 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.