Tiger Brokers

AGF Management Price Target Lowered at RBC, TD, Desjardins

MT Newswires Live
Sep 24

Analysts lowered their price targets on AGF Management Ltd. (AGF-B.TO) on Thursday.

The Toronto-based investment management company reported Q3 results on Wednesday.

AGF shares declined CA$1.79, or 9.7%, to CA$16.74 on the Toronto Stock Exchange.

RBC Capital Markets analyst Bart Dziarski reduced his price target on the stock to CA$20 from CA$23, and maintained a sector perform rating.

TD Securities analyst Graham Ryding lowered his target to CA$20 from CA$23, and maintained a buy rating,

Desjardins analyst Gary Ho reduced his target to CA$21 from CA$23, and maintained a buy rating.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

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