AGF Management Limited (TSE:AGF.B) Insider Acquires C$232,260.00 in Stock

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST purchased 21,000 shares of AGF Management stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average cost of C$11.06 per share, for a total transaction of C$232,260.00.

AGF EMPLOYEE BENEFIT PLAN TRUST also recently made the following trade(s):

• On Wednesday, December 4th, AGF EMPLOYEE BENEFIT PLAN TRUST sold 442,751 shares of AGF Management stock. The shares were sold at an average price of C$11.17, for a total value of C$4,945,528.67.

AGF Management Price Performance

Shares of AGF Management stock traded down C$0.03 during trading on Wednesday, hitting C$11.17. The stock had a trading volume of 67,650 shares, compared to its average volume of 59,476. The company has a debt-to-equity ratio of 11.27, a current ratio of 1.19 and a quick ratio of 1.75. The firm has a market cap of C$713.32 million, a P/E ratio of 8.73, a PEG ratio of 1.18 and a beta of 1.73. The business has a fifty day moving average of C$10.78 and a two-hundred day moving average of C$9.96. AGF Management Limited has a fifty-two week low of C$7.37 and a fifty-two week high of C$11.53.

Analyst Ratings Changes

A number of brokerages have issued reports on AGF.B. Jefferies Financial Group upped their target price on AGF Management from C$11.00 to C$12.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. BMO Capital Markets boosted their price target on AGF Management from C$10.00 to C$11.00 in a report on Wednesday, January 8th. TD Securities boosted their price target on AGF Management from C$12.00 to C$13.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Finally, Desjardins boosted their price target on AGF Management from C$12.50 to C$13.00 and gave the company a “buy” rating in a report on Thursday, January 16th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$12.46.

AGF Management Company Profile

AGF Management Limited is one of Canada's premier investment management companies with offices across Canada and subsidiaries around the world. 2007 marks AGF's 50th anniversary ofproviding Canadians with innovative investment solutions across the wealth continuum. AGF's products and services include a diversified family of more than 50 mutual funds, the evolutionary AGF Elements portfolios, the Harmony asset management program, AGF Private Investment Management, Institutional Account Services and AGF Trust GICs, loans and mortgages.