AGF EMPLOYEE BENEFIT PLAN TRUST Sells 442,751 Shares of AGF Management Limited (TSE:AGF.B) Stock

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST sold 442,751 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of C$11.17, for a total value of C$4,945,528.67.

AGF Management Stock Down 3.4 %

AGF.B stock opened at C$10.16 on Friday. The company has a current ratio of 1.19, a quick ratio of 1.75 and a debt-to-equity ratio of 11.27. The company’s 50 day moving average is C$10.88 and its 200 day moving average is C$9.46. The stock has a market cap of C$648.82 million, a price-to-earnings ratio of 7.94, a price-to-earnings-growth ratio of 1.18 and a beta of 1.73. AGF Management Limited has a 1-year low of C$7.27 and a 1-year high of C$11.53.

Wall Street Analysts Forecast Growth

AGF.B has been the topic of several analyst reports. Scotiabank upped their price target on AGF Management from C$10.75 to C$11.25 in a research report on Wednesday, September 18th. Desjardins upped their price target on AGF Management from C$12.00 to C$12.50 and gave the company a “buy” rating in a research report on Thursday, September 26th. CIBC upped their price target on AGF Management from C$14.00 to C$17.00 and gave the company an “outperform” rating in a research report on Thursday, October 3rd. BMO Capital Markets upped their price target on AGF Management from C$10.00 to C$11.00 in a research report on Wednesday. Finally, Jefferies Financial Group upped their price objective on shares of AGF Management from C$11.00 to C$12.00 and gave the stock a “buy” rating in a research report on Wednesday. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$12.11.

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.