Kevin Andrew Mccreadie Sells 25,000 Shares of AGF Management Limited (TSE:AGF.B) Stock

AGF Management Limited (TSE:AGF.B) Senior Officer Kevin Andrew Mccreadie sold 25,000 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of C$11.06, for a total value of C$276,500.00.

Kevin Andrew Mccreadie also recently made the following trade(s):

• On Tuesday, November 5th, Kevin Andrew Mccreadie sold 31,600 shares of AGF Management stock. The stock was sold at an average price of C$10.65, for a total transaction of C$336,540.00.
• On Wednesday, October 9th, Kevin Andrew Mccreadie sold 32,840 shares of AGF Management stock. The stock was sold at an average price of C$10.45, for a total value of C$343,178.00.

AGF Management Stock Down 0.5 %

Shares of TSE:AGF.B traded down C$0.05 during trading hours on Thursday, hitting C$10.88. The company’s stock had a trading volume of 51,236 shares, compared to its average volume of 80,997. The firm’s fifty day moving average price is C$10.06 and its 200 day moving average price is C$8.86. AGF Management Limited has a 52 week low of C$7.09 and a 52 week high of C$11.53. The company has a market capitalization of C$694.80 million, a price-to-earnings ratio of 8.54, a P/E/G ratio of 1.18 and a beta of 1.73. The company has a debt-to-equity ratio of 11.27, a current ratio of 1.19 and a quick ratio of 1.75.

Wall Street Analyst Weigh In

Several equities analysts have commented on AGF.B shares. TD Securities lifted their target price on shares of AGF Management from C$10.00 to C$11.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Scotiabank lifted their price target on shares of AGF Management from C$10.75 to C$11.25 in a report on Wednesday, September 18th. BMO Capital Markets increased their target price on AGF Management from C$9.00 to C$10.00 and gave the stock a “market perform” rating in a research report on Monday, September 23rd. Desjardins raised their price objective on AGF Management from C$12.00 to C$12.50 and gave the company a “buy” rating in a research report on Thursday, September 26th. Finally, CIBC upped their price target on AGF Management from C$14.00 to C$17.00 and gave the company an “outperform” rating in a report on Thursday, October 3rd. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$11.82.

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.