AGF EMPLOYEE BENEFIT PLAN TRUST Buys 21,100 Shares of AGF Management Limited (TSE:AGF.B) Stock

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST acquired 21,100 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The stock was bought at an average price of C$11.57 per share, with a total value of C$244,127.00.

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

• On Tuesday, February 18th, AGF EMPLOYEE BENEFIT PLAN TRUST acquired 21,000 shares of AGF Management stock. The stock was bought 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 shares were sold at an average price of C$11.17, for a total transaction of C$4,945,528.67.

AGF Management Price Performance

AGF.B stock opened at C$11.40 on Friday. The stock has a market capitalization of C$728.00 million, a PE ratio of 8.91, a price-to-earnings-growth ratio of 1.18 and a beta of 1.73. The company’s 50-day moving average is C$10.81 and its 200-day moving average is C$10.02. The company has a debt-to-equity ratio of 11.27, a current ratio of 1.19 and a quick ratio of 1.75. AGF Management Limited has a 1 year low of C$7.37 and a 1 year high of C$11.84.

Analyst Ratings Changes

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