AGF Management Ltd Shs -B- Non-Voting
AGF.B: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 1.10 | Vqgx | Hzzxttrf |
AGF Management Earnings: Continued Outflows Offset by Market Gains and Acquired AUM
There was little in no-moat AGF Management's fiscal third-quarter results that would alter our long-term view of the firm. We are leaving our CAD 9.50 per share fair value estimate in place. We view the shares as being slightly to modestly undervalued.