Insider Buying: AGF Management Limited (TSE:AGF.B) Insider Acquires C$244,127.00 in Stock

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST bought 21,100 shares of the business’s stock in a transaction on Thursday, February 20th. The stock was bought at an average price of C$11.57 per share, with a total value of C$244,127.00.

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

• On Tuesday, February 18th, AGF EMPLOYEE BENEFIT PLAN TRUST bought 21,000 shares of AGF Management stock. The stock was bought at an average price of C$11.06 per share, with a total value of C$232,260.00.
• On Wednesday, December 4th, AGF EMPLOYEE BENEFIT PLAN TRUST sold 442,751 shares of AGF Management stock. The stock was sold at an average price of C$11.17, for a total transaction of C$4,945,528.67.

AGF Management Stock Performance

Shares of AGF.B opened at C$11.40 on Monday. The company has a market capitalization of C$728.00 million, a PE ratio of 8.91, a price-to-earnings-growth ratio of 1.18 and a beta of 1.73. AGF Management Limited has a one year low of C$7.37 and a one year high of C$11.84. The company has a debt-to-equity ratio of 11.27, a current ratio of 1.19 and a quick ratio of 1.75. The company’s fifty day moving average price is C$10.81 and its 200 day moving average price is C$10.03.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. TD Securities increased their target price on shares of AGF Management from C$12.00 to C$13.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. BMO Capital Markets raised their price target on shares of AGF Management from C$10.00 to C$11.00 in a report on Wednesday, January 8th. Jefferies Financial Group raised their price target on shares of AGF Management from C$11.00 to C$12.00 and gave the company a “buy” rating in a report on Wednesday, January 8th. Finally, Desjardins raised their price target on shares of AGF Management from C$12.50 to C$13.00 and gave the company a “buy” rating in a report on Thursday, January 16th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$12.46.

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.