AGF Management Limited (TSE:AGF.B) Insider AGF EMPLOYEE BENEFIT PLAN TRUST Purchases 21,600 Shares of Stock

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST purchased 21,600 shares of the business’s stock in a transaction dated Thursday, June 12th. The stock was bought at an average cost of C$12.22 per share, for a total transaction of C$263,952.00.

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

• On Friday, June 13th, AGF EMPLOYEE BENEFIT PLAN TRUST purchased 23,277 shares of AGF Management stock. The stock was bought at an average cost of C$12.24 per share, for a total transaction of C$284,910.48.
• On Monday, June 9th, AGF EMPLOYEE BENEFIT PLAN TRUST purchased 42,700 shares of AGF Management stock. The stock was bought at an average cost of C$12.09 per share, for a total transaction of C$516,243.00.
• On Wednesday, April 9th, AGF EMPLOYEE BENEFIT PLAN TRUST sold 24,552 shares of AGF Management stock. The shares were sold at an average price of C$9.80, for a total value of C$240,609.60.

AGF Management Stock Down 3.8%

AGF Management stock opened at C$11.99 on Friday. AGF Management Limited has a twelve month low of C$7.37 and a twelve month high of C$12.46. The firm has a 50 day moving average price of C$10.78 and a 200-day moving average price of C$10.72. The company has a market capitalization of C$765.68 million, a P/E ratio of 9.37, a P/E/G ratio of 1.18 and a beta of 1.73. The company has a quick ratio of 1.75, a current ratio of 1.19 and a debt-to-equity ratio of 11.27.

Analyst Upgrades and Downgrades

AGF.B has been the subject of a number of recent analyst reports. Scotiabank lowered their price objective 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, April 9th. Desjardins reduced their price objective on shares of AGF Management from C$13.50 to C$12.25 and set a “buy” rating for the company in a research note on Wednesday, April 9th. Jefferies Financial Group reduced their price objective on shares of AGF Management from C$12.00 to C$11.00 in a research note on Monday, April 21st. Finally, TD Securities decreased their price objective on shares of AGF Management from C$13.00 to C$12.00 and set a “buy” rating on the stock in a research note on Wednesday, April 9th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$12.46.

AGF Management Company Profile

AGF Management is a Canadian-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of May 2022, the firm had CAD 40.3 billion in total assets under management. AGF Management’s funds are weighted more heavily toward equities, with just over two thirds of retail AUM being equity related.