AGF Management (AGF-B:CA)
CIBC World Markets has reiterated its “Outperform” rating on AGF Management, with a 12 month price target of CAD 17 as of April 22, 2025. This target implies significant upside potential from current levels and suggests that CIBC remains confident in AGF’s earnings outlook, strategic positioning, and ability to navigate market volatility.
However, broader analyst consensus presents a more moderate view. Based on the stock forecast from 7 analysts, the average 12-month target price is CAD 13.07, and the overall analyst rating is “Strong Buy.” This indicates that, while analysts are generally bullish on AGF’s prospects, CIBC’s price target is notably more aggressive than the consensus.
Stock Target Advisor, on the other hand, holds a “Slightly Bearish” outlook on AGF Management. Its analysis is based on 5 positive signals and 8 negative signals.
As of the latest close, AGF’s share price was CAD 9.04, representing a substantial discount to both the average target and CIBC’s optimistic projection. The stock’s recent performance has been mixed, with a -0.55% decline over the past week, a notable -10.67% drop over the past month, but a strong +15.31% gain over the past year, reflecting longer-term strength despite short-term volatility.
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