BMO Capital Markets Trims AGF Management (TSE:AGF.B) Target Price to C$6.00

AGF Management (TSE:AGF.B) had its target price cut by BMO Capital Markets from C$6.50 to C$6.00 in a report issued on Thursday, BayStreet.CA reports. They currently have a market perform rating on the stock.

A number of other brokerages have also recently commented on AGF.B. CIBC upped their target price on shares of AGF Management from C$6.00 to C$6.50 in a report on Friday, March 22nd. Royal Bank of Canada reduced their target price on shares of AGF Management from C$6.50 to C$6.00 and set a sector perform rating for the company in a report on Wednesday, June 12th. Finally, Ci Capital reduced their target price on shares of AGF Management from C$6.50 to C$6.00 in a report on Thursday, March 28th.

Shares of AGF.B opened at C$5.27 on Thursday. AGF Management has a 1-year low of C$5.82 and a 1-year high of C$8.47.



In other news, insider AGF EMPLOYEE BENEFIT PLAN TRUST sold 5,293 shares of the company’s stock in a transaction dated Monday, April 8th. The shares were sold at an average price of C$5.78, for a total value of C$30,593.54. Following the completion of the sale, the insider now directly owns 392,092 shares of the company’s stock, valued at C$2,266,291.76.

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.

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