AGF Management Limited (TSE:AGF.B) Insider AGF EMPLOYEE BENEFIT PLAN TRUST Sells 24,552 Shares

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST sold 24,552 shares of AGF Management stock in a transaction that occurred on Wednesday, April 9th. The stock was sold at an average price of C$9.80, for a total value of C$240,609.60.

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

• On Monday, March 3rd, AGF EMPLOYEE BENEFIT PLAN TRUST bought 1,900 shares of AGF Management stock. The shares were acquired at an average cost of C$11.52 per share, for a total transaction of C$21,888.00.
• On Thursday, February 27th, AGF EMPLOYEE BENEFIT PLAN TRUST bought 22,500 shares of AGF Management stock. The stock was acquired at an average price of C$11.89 per share, with a total value of C$267,525.00.
• On Tuesday, February 25th, AGF EMPLOYEE BENEFIT PLAN TRUST purchased 23,200 shares of AGF Management stock. The shares were acquired at an average price of C$11.56 per share, for a total transaction of C$268,192.00.
• On Thursday, February 20th, AGF EMPLOYEE BENEFIT PLAN TRUST acquired 21,100 shares of AGF Management stock. The stock was 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 bought 21,000 shares of AGF Management stock. The shares were bought at an average price of C$11.06 per share, for a total transaction of C$232,260.00.

AGF Management Trading Down 3.3 %

TSE AGF.B opened at C$9.34 on Friday. 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 stock has a market capitalization of C$596.45 million, a P/E ratio of 7.30, a PEG ratio of 1.18 and a beta of 1.73. The firm’s 50-day moving average is C$10.45 and its two-hundred day moving average is C$10.58. AGF Management Limited has a 12 month low of C$7.37 and a 12 month high of C$11.95.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on AGF.B shares. Scotiabank reduced their price objective on 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. TD Securities reduced their price target on AGF Management from C$13.00 to C$12.00 and set a “buy” rating on the stock in a report on Wednesday. Jefferies Financial Group raised their price objective on shares of AGF Management from C$11.00 to C$12.00 and gave the stock a “buy” rating in a research report on Wednesday, January 8th. BMO Capital Markets lifted their target price on shares of AGF Management from C$10.00 to C$11.00 in a research note on Wednesday, January 8th. Finally, Desjardins dropped their price target on shares of AGF Management from C$13.50 to C$12.25 and set a “buy” rating for the company in a research note on Wednesday. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$12.63.

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.