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

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST bought 21,000 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were acquired at an average cost of C$11.06 per share, with a total value 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 stock was sold at an average price of C$11.17, for a total value of C$4,945,528.67.

AGF Management Stock Up 5.0 %

Shares of AGF.B opened at C$11.76 on Friday. The company’s 50-day simple moving average is C$10.80 and its 200-day simple moving average is C$10.01. The company has a debt-to-equity ratio of 11.27, a quick ratio of 1.75 and a current ratio of 1.19. AGF Management Limited has a 1 year low of C$7.37 and a 1 year high of C$11.80. The stock has a market capitalization of C$750.99 million, a PE ratio of 9.19, a P/E/G ratio of 1.18 and a beta of 1.73.

Analyst Upgrades and Downgrades

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

About AGF Management

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.