Cybele Negris Purchases 3,160 Shares of AGF Management Limited (TSE:AGF.B) Stock

AGF Management Limited (TSE:AGF.B) Director Cybele Negris bought 3,160 shares of the company’s stock in a transaction on Tuesday, April 30th. The stock was bought at an average cost of C$7.90 per share, for a total transaction of C$24,964.00.

AGF Management Price Performance

Shares of TSE AGF.B opened at C$8.00 on Thursday. AGF Management Limited has a twelve month low of C$6.30 and a twelve month high of C$9.05. The company has a current ratio of 1.39, a quick ratio of 1.75 and a debt-to-equity ratio of 8.26. The firm has a 50-day moving average of C$8.11 and a two-hundred day moving average of C$7.65. The company has a market capitalization of C$511.04 million, a price-to-earnings ratio of 6.15, a PEG ratio of 1.18 and a beta of 1.79.

Analyst Ratings Changes

Several analysts recently commented on the company. Royal Bank of Canada raised their target price on AGF Management from C$9.00 to C$10.00 in a research report on Friday, April 5th. Jefferies Financial Group raised their price target on AGF Management from C$10.00 to C$11.00 in a report on Sunday, April 7th. BMO Capital Markets upped their price objective on shares of AGF Management from C$8.50 to C$9.00 in a report on Friday, April 5th. TD Securities raised their target price on shares of AGF Management from C$9.50 to C$10.00 and gave the company a “buy” rating in a research note on Tuesday, January 16th. Finally, CIBC boosted their price target on shares of AGF Management from C$11.00 to C$14.00 in a research report on Friday, April 5th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, AGF Management presently has a consensus rating of “Hold” and an average target price of C$10.75.

About AGF Management

AGF Management Limited is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to public and corporate DB pension plans, endowments and foundations, sovereign wealth funds, corporate plans, insurance companies, and sub-advised mandates. Through its subsidiaries, it manages separate client-focused equity, fixed income, and balanced mutual funds along with separate client-focused equity, fixed income, and balanced portfolios.