Insider Buying: AGF Management Limited (TSE:AGF.B) Insider Purchases 1,300 Shares of Stock

AGF Management Limited (TSE:AGF.B) insider AGF Management Limited, La Societe de Gestion AGF Limitee purchased 1,300 shares of the business’s stock in a transaction on Wednesday, July 10th. The shares were bought at an average cost of C$8.26 per share, with a total value of C$10,738.00.

AGF Management Limited, La Societe de Gestion AGF Limitee also recently made the following trade(s):

• On Monday, June 24th, AGF Management Limited, La Societe de Gestion AGF Limitee sold 1,400 shares of AGF Management stock. The shares were sold at an average price of C$8.59, for a total value of C$12,026.00.
• On Monday, June 17th, AGF Management Limited, La Societe de Gestion AGF Limitee purchased 1,300 shares of AGF Management stock. The shares were bought at an average cost of C$8.23 per share, with a total value of C$10,699.00.
• On Wednesday, April 24th, AGF Management Limited, La Societe de Gestion AGF Limitee acquired 1,400 shares of AGF Management stock. The stock was acquired at an average cost of C$8.05 per share, with a total value of C$11,270.00.

AGF Management Price Performance

TSE:AGF.B opened at C$8.46 on Friday. The company has a current ratio of 1.73, a quick ratio of 1.75 and a debt-to-equity ratio of 11.08. The company has a market capitalization of C$546.77 million, a P/E ratio of 5.64, a P/E/G ratio of 1.18 and a beta of 1.78. AGF Management Limited has a 12 month low of C$6.30 and a 12 month high of C$9.05. The business’s 50-day moving average is C$8.38 and its 200 day moving average is C$8.11.

Analyst Upgrades and Downgrades

AGF.B has been the subject of a number of recent analyst reports. CIBC upped their price objective on AGF Management from C$11.00 to C$14.00 in a research note on Friday, April 5th. Royal Bank of Canada upped their price objective on AGF Management from C$9.00 to C$10.00 in a research note on Friday, April 5th. BMO Capital Markets upped their price objective on AGF Management from C$8.50 to C$9.00 in a research note on Friday, April 5th. Desjardins boosted their target price on AGF Management from C$11.50 to C$12.00 and gave the stock a “buy” rating in a research report on Monday, June 24th. Finally, Scotiabank set a C$10.75 target price on AGF Management and gave the stock a “sector perform” rating in a research report on Thursday, June 27th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$10.96.

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.