AGF EMPLOYEE BENEFIT PLAN TRUST Sells 24,552 Shares of AGF Management Limited (TSE:AGF.B) Stock

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST sold 24,552 shares of the business’s stock in a transaction on Wednesday, April 9th. The shares were sold at an average price of C$9.80, for a total value of C$240,609.60.

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

• On Monday, March 3rd, AGF EMPLOYEE BENEFIT PLAN TRUST bought 1,900 shares of AGF Management stock. The stock was acquired at an average cost of C$11.52 per share, with a total value of C$21,888.00.
• On Thursday, February 27th, AGF EMPLOYEE BENEFIT PLAN TRUST purchased 22,500 shares of AGF Management stock. The shares were acquired at an average cost of C$11.89 per share, for a total transaction of C$267,525.00.
• On Tuesday, February 25th, AGF EMPLOYEE BENEFIT PLAN TRUST acquired 23,200 shares of AGF Management stock. The stock was acquired at an average cost of C$11.56 per share, with a total value of C$268,192.00.
• On Thursday, February 20th, AGF EMPLOYEE BENEFIT PLAN TRUST purchased 21,100 shares of AGF Management stock. The stock was acquired at an average price of C$11.57 per share, with a total value of C$244,127.00.
• On Tuesday, February 18th, AGF EMPLOYEE BENEFIT PLAN TRUST purchased 21,000 shares of AGF Management stock. The shares were bought at an average cost of C$11.06 per share, for a total transaction of C$232,260.00.

AGF Management Stock Down 3.1 %

TSE:AGF.B traded down C$0.30 on Thursday, hitting C$9.36. The stock had a trading volume of 56,720 shares, compared to its average volume of 72,006. The company has a market cap of C$597.73 million, a PE ratio of 7.31, a P/E/G ratio of 1.18 and a beta of 1.73. The business’s fifty day moving average is C$10.49 and its 200 day moving average is C$10.57. The company has a quick ratio of 1.75, a current ratio of 1.19 and a debt-to-equity ratio of 11.27. AGF Management Limited has a 52 week low of C$7.37 and a 52 week high of C$11.95.

Wall Street Analysts Forecast Growth

AGF.B has been the subject of a number of recent analyst reports. Scotiabank cut their target price on AGF Management from C$12.00 to C$11.50 and set a “sector perform” rating for the company in a research report on Wednesday. TD Securities reduced their target price on AGF Management from C$13.00 to C$12.00 and set a “buy” rating on the stock in a report on Wednesday. Desjardins lowered their price target on AGF Management from C$13.50 to C$12.25 and set a “buy” rating for the company in a report on Wednesday. BMO Capital Markets lifted their price target on shares of AGF Management from C$10.00 to C$11.00 in a report on Wednesday, January 8th. Finally, Jefferies Financial Group lifted their price target on AGF Management from C$11.00 to C$12.00 and gave the company a “buy” rating in a research note on Wednesday, January 8th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$12.63.

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.