AGF Management (OTCMKTS:AGFMF) Shares Pass Above 50-Day Moving Average – Here’s What Happened

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.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Royal Bank Of Canada reiterated an “outperform” rating on shares of AGF Management in a report on Thursday. Scotiabank reaffirmed a “sector perform” rating on shares of AGF Management in a report on Monday, April 13th. Finally, BMO Capital Markets reissued a “market perform” rating on shares of AGF Management in a report on Monday. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

AGF Management Trading Down 0.4%

The firm has a 50-day moving average of $12.55 and a two-hundred day moving average of $12.98.

AGF Management Company Profile

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.