AGF Management Limited (TSE:AGF.B – Get Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as C$8.36 and last traded at C$8.32, with a volume of 69617 shares changing hands. The stock had previously closed at C$8.14.
Analyst Ratings Changes
Several analysts have recently commented on AGF.B shares. Scotiabank increased their price objective on AGF Management from C$9.25 to C$9.50 and gave the company a “sector perform” rating in a report on Thursday, January 25th. Royal Bank of Canada boosted their price target on AGF Management from C$8.50 to C$9.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 25th. CIBC raised shares of AGF Management from a “neutral” rating to an “outperform” rating and increased their price objective for the company from C$9.00 to C$11.00 in a research report on Wednesday, February 28th. Finally, TD Securities upped their target price on AGF Management from C$9.50 to C$10.00 and gave the company a “buy” rating in a research report on Tuesday, January 16th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, AGF Management currently has a consensus rating of “Hold” and an average price target of C$9.60.
AGF Management Stock Performance
The company has a current ratio of 1.39, a quick ratio of 1.75 and a debt-to-equity ratio of 8.26. The company has a market cap of C$531.48 million, a PE ratio of 6.26, a price-to-earnings-growth ratio of 1.18 and a beta of 1.79. The firm’s fifty day moving average is C$7.87 and its 200 day moving average is C$7.47.
Insider Activity at AGF Management
In other AGF Management news, Senior Officer Kevin Andrew Mccreadie sold 132,200 shares of the stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of C$7.77, for a total value of C$1,027,194.00. In other news, Senior Officer Kevin Andrew Mccreadie sold 132,200 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of C$7.77, for a total transaction of C$1,027,194.00. Also, Director Judy Goldring acquired 50,100 shares of the business’s stock in a transaction that occurred on Monday, January 29th. The shares were purchased at an average price of C$4.99 per share, with a total value of C$249,999.00. In the last ninety days, insiders bought 303,365 shares of company stock valued at $2,261,144 and sold 159,394 shares valued at $1,236,812. 18.59% of the stock is owned by corporate insiders.
About AGF Management
AGF Management Limited is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to public and corporate DB pension plans, endowments and foundations, sovereign wealth funds, corporate plans, insurance companies, and sub-advised mandates. Through its subsidiaries, it manages separate client-focused equity, fixed income, and balanced mutual funds along with separate client-focused equity, fixed income, and balanced portfolios.