AGF Management Limited (TSE:AGF.B) Insider Purchases C$128,317.00 in Stock

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST bought 16,100 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was purchased at an average cost of C$7.97 per share, with a total value of C$128,317.00.

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

• On Monday, June 10th, AGF EMPLOYEE BENEFIT PLAN TRUST acquired 400 shares of AGF Management stock. The stock was acquired at an average cost of C$8.35 per share, with a total value of C$3,340.00.
• On Thursday, June 6th, AGF EMPLOYEE BENEFIT PLAN TRUST bought 124,500 shares of AGF Management stock. The shares were acquired at an average cost of C$8.46 per share, for a total transaction of C$1,053,270.00.

AGF Management Stock Performance

TSE:AGF.B opened at C$7.68 on Friday. AGF Management Limited has a 12 month low of C$6.30 and a 12 month high of C$9.05. The company has a debt-to-equity ratio of 14.60, a current ratio of 1.58 and a quick ratio of 1.75. The firm has a market capitalization of C$493.75 million, a PE ratio of 5.82, a price-to-earnings-growth ratio of 1.18 and a beta of 1.71. The business’s fifty day moving average price is C$8.08 and its 200 day moving average price is C$8.17.

Analyst Ratings Changes

A number of research firms have recently weighed in on AGF.B. Desjardins upped their price objective on AGF Management from C$11.50 to C$12.00 and gave the stock a “buy” rating in a research report on Monday, June 24th. Scotiabank set a C$10.75 price target on AGF Management and gave the stock a “sector perform” rating in a report on Thursday, June 27th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, AGF Management has a consensus rating of “Moderate Buy” and a consensus target price of C$10.96.

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.