AGF Management Limited (TSE:AGF.B) Insider AGF EMPLOYEE BENEFIT PLAN TRUST Purchases 50,000 Shares

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST bought 50,000 shares of the stock in a transaction on Monday, March 25th. The stock was purchased at an average price of C$8.08 per share, with a total value of C$404,000.00.

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

• On Friday, March 1st, AGF EMPLOYEE BENEFIT PLAN TRUST bought 150,000 shares of AGF Management stock. The stock was purchased at an average price of C$8.17 per share, with a total value of C$1,225,500.00.
• On Tuesday, February 20th, AGF EMPLOYEE BENEFIT PLAN TRUST bought 20,000 shares of AGF Management stock. The stock was purchased at an average price of C$7.51 per share, with a total value of C$150,200.00.
• On Friday, February 16th, AGF EMPLOYEE BENEFIT PLAN TRUST bought 65,000 shares of AGF Management stock. The stock was purchased at an average price of C$7.62 per share, with a total value of C$495,300.00.
• On Friday, January 26th, AGF EMPLOYEE BENEFIT PLAN TRUST acquired 15,000 shares of AGF Management stock. The shares were bought at an average price of C$7.68 per share, with a total value of C$115,200.00.

AGF Management Stock Up 0.9 %

AGF.B opened at C$8.20 on Friday. The stock has a market capitalization of C$523.82 million, a price-to-earnings ratio of 6.31, a PEG ratio of 1.18 and a beta of 1.79. The company has a fifty day moving average of C$7.90 and a two-hundred day moving average of C$7.49. The company has a debt-to-equity ratio of 8.26, a quick ratio of 1.75 and a current ratio of 1.39. AGF Management Limited has a fifty-two week low of C$6.30 and a fifty-two week high of C$8.36.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on AGF.B shares. CIBC upgraded shares of AGF Management from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from C$9.00 to C$11.00 in a research note on Wednesday, February 28th. Scotiabank boosted their target price on shares of AGF Management from C$9.25 to C$9.50 and gave the company a “sector perform” rating in a research report on Thursday, January 25th. TD Securities boosted their target price on shares of AGF Management from C$9.50 to C$10.00 and gave the company a “buy” rating in a research report on Tuesday, January 16th. Finally, Royal Bank of Canada boosted their target price on shares of AGF Management from C$8.50 to C$9.00 and gave the company a “sector perform” rating in a research report on Thursday, January 25th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of C$9.60.

AGF Management Company Profile

AGF Management Limited is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to public and corporate DB pension plans, endowments and foundations, sovereign wealth funds, corporate plans, insurance companies, and sub-advised mandates. Through its subsidiaries, it manages separate client-focused equity, fixed income, and balanced mutual funds along with separate client-focused equity, fixed income, and balanced portfolios.