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Barclays Thinks AGF Management B NV’s Stock is Going to Recover


In a new note to investors yesterday, an analyst has provided a rating update for the Financial sector company, AGF Management B NV (TSX: AGF.B). Analyst John Aiken from Barclays rated AGF Management B NV (TSX: AGF.B) a Buy, setting a C$7 price target.

According to TipRanks.com, Aiken is ranked #4567 out of 4875 analysts.

AGF Management B NV has an analyst consensus of Moderate Buy, with a price target consensus of C$7.88.

AGF Management B NV’s market cap is currently C$466.4M and has a P/E ratio of 6.8. The company has a Price to Book ratio of 0.49.

AGF Management Ltd. is a diversified global asset management firm, which engages in the retail, institutional, and alternative businesses. The firm provides investment management with operations and investments in North America, Europe, and Asia. Its products include a diversified mutual funds, mutual fund wrap programs, and pooled funds.

The company’s shares closed on Thursday at C$5.86, close to its 52-week low of C$5.84.