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

AGF Management Limited (TSE:AGF.B - Get Free Report) insider AGF EMPLOYEE BENEFIT PLAN TRUST bought 21,000 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was 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 Thursday, February 20th, AGF EMPLOYEE BENEFIT PLAN TRUST bought 21,100 shares of AGF Management stock. The stock was bought at an average cost of C$11.57 per share, with a total value of C$244,127.00.
• 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 value of C$4,945,528.67.

AGF Management Stock Down 3.1 %

TSE AGF.B traded down C$0.36 on Friday, hitting C$11.40. 147,042 shares of the stock traded hands, compared to its average volume of 65,040. The stock has a 50-day moving average of C$10.81 and a 200 day moving average of C$10.03. AGF Management Limited has a twelve month low of C$7.37 and a twelve month high of C$11.84. The company has a market capitalization of C$728.00 million, a P/E ratio of 8.91, a price-to-earnings-growth ratio of 1.18 and a beta of 1.73. The company has a current ratio of 1.19, a quick ratio of 1.75 and a debt-to-equity ratio of 11.27.

Analysts Set New Price Targets

Several research analysts recently commented on AGF.B shares. TD Securities boosted their price target on AGF Management from C$12.00 to C$13.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. Jefferies Financial Group boosted their price target on AGF Management from C$11.00 to C$12.00 and gave the stock a "buy" rating in a research note on Wednesday, January 8th. Desjardins boosted their price target on AGF Management from C$12.50 to C$13.00 and gave the stock a "buy" rating in a research note on Thursday, January 16th. Finally, BMO Capital Markets upped their price objective on AGF Management from C$10.00 to C$11.00 in a research note on Wednesday, January 8th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target 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.