AGF Management Limited, La Societe de Gestion AGF Limitee Buys 1,300 Shares of AGF Management Limited (TSE:AGF.B) Stock

AGF Management Limited (TSE:AGF.B) insider AGF Management Limited, La Societe de Gestion AGF Limitee acquired 1,300 shares of AGF Management stock in a transaction that occurred on Monday, June 17th. The shares were purchased at an average cost of C$8.23 per share, with a total value of C$10,699.00.

AGF Management Limited, La Societe de Gestion AGF Limitee also recently made the following trade(s):

• On Monday, April 1st, AGF Management Limited, La Societe de Gestion AGF Limitee purchased 1,400 shares of AGF Management stock. The stock was purchased at an average price of C$8.29 per share, with a total value of C$11,606.00.
• On Wednesday, April 24th, AGF Management Limited, La Societe de Gestion AGF Limitee acquired 1,400 shares of AGF Management stock. The stock was acquired at an average price of C$8.05 per share, for a total transaction of C$11,270.00.

AGF Management Trading Up 1.6 %

Shares of AGF.B opened at C$8.44 on Thursday. AGF Management Limited has a fifty-two week low of C$6.30 and a fifty-two week high of C$9.05. The company has a market capitalization of C$545.48 million, a PE ratio of 5.63, a price-to-earnings-growth ratio of 1.18 and a beta of 1.78. The stock has a fifty day moving average of C$8.26 and a two-hundred day moving average of C$8.01. The company has a debt-to-equity ratio of 11.08, a quick ratio of 1.75 and a current ratio of 1.73.

Analyst Upgrades and Downgrades

AGF.B has been the subject of a number of research reports. Jefferies Financial Group lifted their target price on shares of AGF Management from C$10.00 to C$11.00 in a research report on Sunday, April 7th. CIBC upped their target price on AGF Management from C$11.00 to C$14.00 in a research note on Friday, April 5th. BMO Capital Markets raised their price target on AGF Management from C$8.50 to C$9.00 in a research report on Friday, April 5th. Scotiabank boosted their price target on AGF Management from C$9.50 to C$10.50 in a report on Tuesday, April 2nd. Finally, Royal Bank of Canada increased their price objective on AGF Management from C$9.00 to C$10.00 in a research note on Friday, April 5th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, AGF Management has a consensus rating of “Hold” and an average target price of C$10.75.

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.