AGF EMPLOYEE BENEFIT PLAN TRUST Purchases 22,500 Shares of AGF Management Limited (TSE:AGF.B) Stock

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST bought 22,500 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The stock was purchased at an average cost of C$11.89 per share, for a total transaction of C$267,525.00.

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

• On Tuesday, February 25th, AGF EMPLOYEE BENEFIT PLAN TRUST bought 23,200 shares of AGF Management stock. The shares were bought at an average price of C$11.56 per share, with a total value of C$268,192.00.
• On Thursday, February 20th, AGF EMPLOYEE BENEFIT PLAN TRUST acquired 21,100 shares of AGF Management stock. The shares were acquired at an average price of C$11.57 per share, with a total value of C$244,127.00.
• On Tuesday, February 18th, AGF EMPLOYEE BENEFIT PLAN TRUST acquired 21,000 shares of AGF Management stock. The shares were acquired at an average price of C$11.06 per share, with a total value of C$232,260.00.
• 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 Performance

Shares of AGF Management stock traded down C$0.08 on Thursday, reaching C$11.74. 98,777 shares of the company traded hands, compared to its average volume of 66,289. The company has a 50 day moving average of C$10.86 and a 200 day moving average of C$10.11. The firm has a market capitalization of C$749.72 million, a PE ratio of 9.17, a PEG ratio of 1.18 and a beta of 1.73. AGF Management Limited has a 52 week low of C$7.37 and a 52 week high of C$11.95. The company has a debt-to-equity ratio of 11.27, a current ratio of 1.19 and a quick ratio of 1.75.

Analysts Set New Price Targets

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