AGF Management Limited (TSE:AGF.B) Insider Sells C$240,609.60 in Stock

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST sold 24,552 shares of AGF Management stock in a transaction dated Wednesday, April 9th. The stock was sold at an average price of C$9.80, for a total transaction 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 shares were acquired at an average cost of C$11.52 per share, for a total transaction of C$21,888.00.
• On Thursday, February 27th, AGF EMPLOYEE BENEFIT PLAN TRUST purchased 22,500 shares of AGF Management stock. The stock was bought at an average price of C$11.89 per share, with a total value of C$267,525.00.
• On Tuesday, February 25th, AGF EMPLOYEE BENEFIT PLAN TRUST acquired 23,200 shares of AGF Management stock. The shares were bought at an average price of C$11.56 per share, for a total transaction of C$268,192.00.
• On Thursday, February 20th, AGF EMPLOYEE BENEFIT PLAN TRUST acquired 21,100 shares of AGF Management stock. The stock was bought at an average cost of C$11.57 per share, with a total value of C$244,127.00.
• On Tuesday, February 18th, AGF EMPLOYEE BENEFIT PLAN TRUST bought 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 Trading Down 0.4 %

AGF.B opened at C$9.30 on Friday. The company’s 50 day moving average is C$10.42 and its 200-day moving average is C$10.58. The company has a market cap of C$593.90 million, a P/E ratio of 7.27, a PEG ratio of 1.18 and a beta of 1.73. AGF Management Limited has a 1-year low of C$7.37 and a 1-year high of C$11.95. The company has a current ratio of 1.19, a quick ratio of 1.75 and a debt-to-equity ratio of 11.27.

Analyst Ratings Changes

Several research firms recently weighed in on AGF.B. BMO Capital Markets upped their price objective on shares of AGF Management from C$10.00 to C$11.00 in a research report on Wednesday, January 8th. Scotiabank dropped their target price on shares of 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. Desjardins reduced their price target on shares of AGF Management from C$13.50 to C$12.25 and set a “buy” rating on the stock in a research report on Wednesday. TD Securities lowered their price objective on shares of AGF Management from C$13.00 to C$12.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Jefferies Financial Group upped their target price on AGF Management from C$11.00 to C$12.00 and gave the stock a “buy” rating in a research note on Wednesday, January 8th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.