AGF Management Limited (AGF.B) Receives Underperform Rating from Royal Bank Of Canada
AGF Management Limited (TSE:AGF.B)‘s stock had its “underperform” rating restated by analysts at Royal Bank Of Canada in a research report issued on Wednesday. They currently have a C$5.00 price target on the stock.
A number of other research analysts have also recently commented on the stock. BMO Capital Markets reiterated a “market perform” rating and set a C$5.25 price target on shares of AGF Management Limited in a research report on Thursday, June 30th. Scotiabank reiterated a “sector perform” rating and set a C$5.50 price target on shares of AGF Management Limited in a research report on Thursday, June 30th. CIBC initiated coverage on shares of AGF Management Limited in a research report on Wednesday, June 15th. They set a “sector perform” rating and a C$5.50 price target on the stock. Canaccord Genuity increased their price target on shares of AGF Management Limited from C$4.75 to C$5.00 and gave the company a “sell” rating in a research report on Tuesday, July 12th. Finally, TD Securities reiterated a “hold” rating and set a C$5.50 price target on shares of AGF Management Limited in a research report on Thursday, June 30th. Two investment analysts have rated the stock with a sell rating and six have issued a hold rating to the company. The stock has a consensus rating of “Hold” and an average target price of C$5.06.
About AGF Management Limited
AGF Management Limited (AGF) is an investment management company. The Company’s products and services include investment solutions for retail, institutional and high-net-worth clients. AGF’s products include mutual funds, mutual fund wrap programs and pooled funds. AGF also manages assets on behalf of institutional investors, including pension plans, foundations and endowments, as well as for private clients.
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