AGF Management (OTCMKTS:AGFMF) Shares Up 0.3% – Here’s Why

AGF Management Limited (OTCMKTS:AGFMF) shares traded up 0.3% during mid-day trading on Friday. The company traded as high as $10.55 and last traded at $10.55. Approximately 27,668 shares traded hands during mid-day trading, an increase of 29% from the average daily volume of 21,374 shares. The stock had previously closed at $10.52.

Analyst Ratings Changes

AGFMF has been the subject of several research reports. TD Securities reissued a “buy” rating on shares of AGF Management in a research report on Tuesday, September 15th. Royal Bank Of Canada downgraded shares of AGF Management from an “outperform” rating to a “sector perform” rating and set a $23.00 price objective on the stock. in a report on Tuesday, September 8th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, AGF Management currently has a consensus rating of “Hold” and an average target price of $23.00.

AGF Management Price Performance

The company’s 50-day moving average is $11.54 and its two-hundred day moving average is $13.52.

AGF Management Company Profile

AGF Management Limited is a Canadian investment management company that provides portfolio management and related financial services to individual, institutional and high-net-worth investors. The company operates through its investment management businesses, including AGF Investments, and offers a range of investment solutions designed to meet different risk and return objectives. AGF’s products and services include mutual funds, exchange-traded funds, separately managed accounts, institutional mandates and alternative investment strategies.