AGF Management Limited (TSE:AGF.B) Senior Officer Kevin Andrew Mccreadie Sells 32,840 Shares

AGF Management Limited (TSE:AGF.B) Senior Officer Kevin Andrew Mccreadie sold 32,840 shares of the firm’s stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of C$10.45, for a total transaction of C$343,178.00.

AGF Management Trading Up 3.2 %

TSE:AGF.B opened at C$10.66 on Friday. The stock’s 50 day moving average price is C$8.39 and its 200 day moving average price is C$8.33. AGF Management Limited has a 52 week low of C$6.30 and a 52 week high of C$10.76. The company has a market capitalization of C$680.75 million, a P/E ratio of 8.33, a P/E/G ratio of 1.18 and a beta of 1.73. The company has a debt-to-equity ratio of 11.27, a quick ratio of 1.75 and a current ratio of 1.19.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on AGF.B shares. BMO Capital Markets lifted their target price on shares of AGF Management from C$9.00 to C$10.00 and gave the stock a “market perform” rating in a research report on Monday, September 23rd. CIBC boosted their target price on shares of AGF Management from C$14.00 to C$17.00 and gave the company an “outperform” rating in a report on Thursday, October 3rd. Desjardins lifted their price target on shares of 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. TD Securities lifted their price target on shares of AGF Management from C$10.00 to C$11.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Finally, Scotiabank boosted their target price on shares of AGF Management from C$10.75 to C$11.25 in a research report on Wednesday, September 18th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$11.82.

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.