AGF Management (OTCMKTS:AGFMF) Share Price Passes Above Fifty Day Moving Average – Here’s Why

AGF Management Limited (OTCMKTS:AGFMF)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $12.51 and traded as high as $13.72. AGF Management shares last traded at $13.72, with a volume of 28,759 shares.

Analysts Set New Price Targets

Several research firms have weighed in on AGFMF. Scotiabank reissued a “sector perform” rating on shares of AGF Management in a research note on Monday, April 13th. Royal Bank Of Canada restated an “outperform” rating on shares of AGF Management in a research report on Thursday. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of AGF Management in a research note on Monday. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, AGF Management currently has a consensus rating of “Moderate Buy”.

AGF Management Price Performance

The company has a 50-day moving average of $12.51 and a 200-day moving average of $12.98.

About AGF Management

AGF Management Limited is a Canadian-based investment management firm that offers a broad suite of products and services to retail, institutional and private wealth clients. The company’s core offerings include mutual funds, exchange-traded funds (ETFs), managed solutions and separately managed accounts. AGF’s investment platforms span equity, fixed-income, multi-asset and alternative strategies, allowing clients to access active management and customized portfolio solutions.

Founded in 1957 and headquartered in Toronto, AGF Management operates additional offices in Montreal and other locations across Canada.