AGF Management Limited (TSE:AGF.B) Insider AGF EMPLOYEE BENEFIT PLAN TRUST Sells 442,751 Shares

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST sold 442,751 shares of the business’s stock in a transaction dated Wednesday, December 4th. 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 opened at C$10.52 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 firm has a 50 day simple moving average of C$10.88 and a 200 day simple moving average of C$9.46. AGF Management Limited has a fifty-two week low of C$7.27 and a fifty-two week high of C$11.53. The firm has a market cap of C$671.81 million, a P/E ratio of 8.22, a P/E/G ratio of 1.18 and a beta of 1.73.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on AGF.B shares. 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 note on Wednesday. CIBC increased their target price on shares of AGF Management from C$14.00 to C$17.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. Scotiabank lifted their target price on AGF Management from C$10.75 to C$11.25 in a research report on Wednesday, September 18th. Desjardins raised their price objective on AGF Management from C$12.00 to C$12.50 and gave the stock a “buy” rating in a research report on Thursday, September 26th. Finally, BMO Capital Markets lifted their price target on shares of AGF Management from C$10.00 to C$11.00 in a research note on Wednesday. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$12.11.

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.