AGF EMPLOYEE BENEFIT PLAN TRUST Purchases 21,600 Shares of AGF Management Limited (TSE:AGF.B) Stock

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST purchased 21,600 shares of AGF Management stock in a transaction that occurred on Thursday, June 12th. The shares were purchased at an average price of C$12.22 per share, for a total transaction of C$263,952.00.

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

• On Friday, June 13th, AGF EMPLOYEE BENEFIT PLAN TRUST purchased 23,277 shares of AGF Management stock. The shares were purchased at an average price of C$12.24 per share, for a total transaction of C$284,910.48.
• On Monday, June 9th, AGF EMPLOYEE BENEFIT PLAN TRUST purchased 42,700 shares of AGF Management stock. The shares were purchased at an average price of C$12.09 per share, for a total transaction of C$516,243.00.
• On Wednesday, April 9th, AGF EMPLOYEE BENEFIT PLAN TRUST sold 24,552 shares of AGF Management stock. The stock was sold at an average price of C$9.80, for a total transaction of C$240,609.60.

AGF Management Stock Performance

Shares of AGF Management stock opened at C$11.99 on Friday. AGF Management Limited has a fifty-two week low of C$7.37 and a fifty-two week high of C$12.46. The company has a debt-to-equity ratio of 11.27, a current ratio of 1.19 and a quick ratio of 1.75. The firm has a market capitalization of C$765.68 million, a P/E ratio of 9.37, a P/E/G ratio of 1.18 and a beta of 1.73. The company’s 50 day moving average price is C$10.78 and its two-hundred day moving average price is C$10.72.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AGF.B. TD Securities reduced their price target on shares of AGF Management from C$13.00 to C$12.00 and set a “buy” rating on the stock in a research report on Wednesday, April 9th. Scotiabank reduced their price target on shares of AGF Management from C$12.00 to C$11.50 and set a “sector perform” rating on the stock in a research report on Wednesday, April 9th. Desjardins cut their target price on shares of AGF Management from C$13.50 to C$12.25 and set a “buy” rating on the stock in a research report on Wednesday, April 9th. Finally, Jefferies Financial Group cut their target price on shares of AGF Management from C$12.00 to C$11.00 in a research report on Monday, April 21st. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$12.46.

AGF Management Company Profile

AGF Management is a Canadian-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of May 2022, the firm had CAD 40.3 billion in total assets under management. AGF Management’s funds are weighted more heavily toward equities, with just over two thirds of retail AUM being equity related.