AGF Management Limited (TSE:AGF.B) Insider Buys C$232,260.00 in Stock

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST bought 21,000 shares of AGF Management stock in a transaction dated Tuesday, February 18th. The shares were bought at an average cost of C$11.06 per share, with a total value of C$232,260.00.

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

• On Wednesday, December 4th, AGF EMPLOYEE BENEFIT PLAN TRUST sold 442,751 shares of AGF Management stock. 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 0.3 %

Shares of TSE AGF.B traded down C$0.03 during mid-day trading on Wednesday, reaching C$11.17. 67,650 shares of the company traded hands, compared to its average volume of 59,476. The company’s fifty day moving average is C$10.78 and its two-hundred day moving average is C$9.96. AGF Management Limited has a fifty-two week low of C$7.37 and a fifty-two week high of C$11.53. The stock has a market cap of C$713.32 million, a PE ratio of 8.73, a price-to-earnings-growth 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

Several research analysts recently weighed in on the company. Desjardins upped their price target on AGF Management from C$12.50 to C$13.00 and gave the company a “buy” rating in a research report on Thursday, January 16th. TD Securities upped their price target on AGF Management from C$12.00 to C$13.00 and gave the company a “buy” rating in a research report on Thursday, January 30th. BMO Capital Markets upped their price target on AGF Management from C$10.00 to C$11.00 in a research report on Wednesday, January 8th. Finally, Jefferies Financial Group upped their price target on AGF Management from C$11.00 to C$12.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, AGF Management has an average rating of “Moderate Buy” and an average price target of C$12.46.

About AGF Management

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.