TSE:AGF.B

8.47
0.02 (0.24%) 1d
0

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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Experts have mixed opinions on AGF Management (B). One expert sees it as a possible takeout candidate with a cheap share price value and stable dividend, but not the highest quality in the sector. Another expert prefers quality, leaning towards a larger company for long-term stability. The third expert views AGF Management (B) as an ongoing turnaround case, with a tough profit-making environment and sensitive revenues. Overall, the stock's future appears uncertain with varying perspectives from different experts.

Consensus
Mixed
Valuation
Fair Value
SELL

Would recommend selling. Dividend rising too fast. Earnings not quality. Better options for investors. Current price presenting value to sell. Brookfield a better option. 

investment companies / funds
PARTIAL BUY

Possible takeout candidate. Cheap share price value. Paying stable dividend. Not highest quality name in sector. Would recommend partial investment. 

investment companies / funds
DON'T BUY
AGF.B vs. GWO

His preference is for quality. He likes POW, which owns GWO, for dividend growth and share buybacks. AGF.B might have higher return potential because it's smaller with more volatility, but POW will give him a higher Sharpe ratio over the long term because it's not as volatile. 

investment companies / funds
DON'T BUY

Ongoing turnaround case.
Does not like asset management business (tough to make profits).
Revenues sensitive to market environments.
Current price not presenting a buying opportunity.

investment companies / funds
DON'T BUY
Mackenzie Investment Group is much more dynamic, much bigger. Better play.
investment companies / funds
HOLD
Owns shares in company as prices has been very cheap. Prefers Guardian capital. Still paying a healthy dividend. Expecting healthy cash flow and profit. If own shares, keep them.
investment companies / funds
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Mar 29/22, Down 10%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with AGF.B has triggered its stop at $6.85. To remain disciplined we recommend covering the position at this time. This will result in a net investment loss of 16%, when combined with the previous buy recommendations.
investment companies / funds
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O’Reilly We again reiterate AGF.B, a Canadian based financial service provider with growing assets under management, as a TOP PICK. Recently reported earnings showed a healthy 35% increase in net sales. It trades at 14x earnings compared to peers at 25x and is trading below book value. It pays a good dividend, backed by a payout ratio of under 65% of cash flow. We recommend trailing up the stop (from $6.50) to $6.85, looking to achieve $9.00 -- over 15% upside. Yield 4.79% (Analysts’ price target is $8.80)
investment companies / funds
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly This Canadian based financial service provider, with $43 billion under management, is reiterated as a TOP PICK. It has diversified out to include alternative investment products -- bespoke investment beyond traditional stocks and bonds. It trades at only 4x earnings compared to peers at 9x, is trading below book value, and has no long term debt. It pays a good dividend, backed by a payout ratio of under 55% of cash flow. We recommend trailing up the stop to $6.50, looking to achieve $9.75 -- over 16% upside. Yield 4.45%
investment companies / funds
BUY ON WEAKNESS
Stock's been very cheap for a long time. Underowned. Climbing the wall of worry. Don't buy now, as it's whippy. Dividend is safe. Good place to be if you like asset management. Valuations are really good, with probably more to go.
investment companies / funds
HOLD
We'll see very good numbers out of the investment management companies, given the run in markets. He hasn't looked at AGF lately, but it's interesting. The current 4% dividend could slightly rise. AGF is fairly valued as is its PE. Hold, if you own.
investment companies / funds
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly AGF is an independent provider of financial services and products, who has over $39 billion under management. It has diversified out to include alternative investment products -- bespoke investment beyond traditional stocks and bonds. Revenue growth last year was over 24%. It trades at only 4x earnings compared to peers at 24x and is trading below book value. It pays a good dividend, backed by a payout ratio of under 15% of cash flow. As such, we recommend holding this for the income generation, without setting a pre-set upper limit. We would buy this with stop loss at $6.50. Yield 4.17% (Analysts’ price target is $8.30)
investment companies / funds
COMMENT
Is there any growth in the investment business? AGF's balance sheet is too big for what they earn. Potential write-offs must happen to bring that down. Asset management businesses are being killed. $10.84 is his target price--lots of upside and they can cover their dividend.
investment companies / funds
DON'T BUY

He has owned it in the past and sold a while ago because the share price dropped. The big issue is that they have a lot of margin pressure facing them. They are struggling against a tide. The share price is cheap but you need to look at where the industry is going.

investment companies / funds
PAST TOP PICK

(A Past Top Pick on July 26, 2017, Down 6%) Hasn't done much and has disappointed. Its UK division is worth much more than the market gives it credit for.

investment companies / funds
Showing 1 to 15 of 225 entries

AGF Management (B)(AGF.B-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 4

Stockchase rating for AGF Management (B) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

AGF Management (B)(AGF.B-T) Frequently Asked Questions

What is AGF Management (B) stock symbol?

AGF Management (B) is a Canadian stock, trading under the symbol AGF.B-T on the Toronto Stock Exchange (AGF.B-CT). It is usually referred to as TSX:AGF.B or AGF.B-T

Is AGF Management (B) a buy or a sell?

In the last year, 4 stock analysts published opinions about AGF.B-T. 1 analyst recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for AGF Management (B).

Is AGF Management (B) a good investment or a top pick?

AGF Management (B) was recommended as a Top Pick by on . Read the latest stock experts ratings for AGF Management (B).

Why is AGF Management (B) stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is AGF Management (B) worth watching?

4 stock analysts on Stockchase covered AGF Management (B) In the last year. It is a trending stock that is worth watching.

What is AGF Management (B) stock price?

On 2024-06-24, AGF Management (B) (AGF.B-T) stock closed at a price of $8.47.