AGF Management (OTCMKTS:AGFMF) Shares Cross Above Fifty Day Moving Average – What’s Next?

AGF Management Limited (OTCMKTS:AGFMF)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $11.38 and traded as high as $13.47. AGF Management shares last traded at $13.47, with a volume of 1,334 shares traded.

Analyst Upgrades and Downgrades

Several brokerages have commented on AGFMF. Scotiabank restated a “sector perform” rating on shares of AGF Management in a report on Friday. Desjardins reiterated a “buy” rating on shares of AGF Management in a report on Thursday, January 22nd. BMO Capital Markets reissued a “market perform” rating on shares of AGF Management in a research report on Monday. Finally, Royal Bank Of Canada started coverage on shares of AGF Management in a research report on Wednesday, December 10th. They issued an “outperform” rating for the company. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

AGF Management Price Performance

The company’s fifty day simple moving average is $11.38 and its 200 day simple moving average is $10.18.

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.