AGF Management Limited (TSE:AGF.B) Insider AGF Management Limited, La Societe de Gestion AGF Limitee Buys 1,400 Shares of Stock

AGF Management Limited (TSE:AGF.B) insider AGF Management Limited, La Societe de Gestion AGF Limitee acquired 1,400 shares of the company’s stock in a transaction on Wednesday, April 24th. The shares were purchased at an average cost of C$8.05 per share, for a total transaction of C$11,270.00.

AGF Management Price Performance

Shares of TSE:AGF.B opened at C$8.07 on Friday. The company has a 50-day moving average price of C$8.09 and a 200 day moving average price of C$7.62. AGF Management Limited has a 52 week low of C$6.30 and a 52 week high of C$9.05. The company has a quick ratio of 1.75, a current ratio of 1.39 and a debt-to-equity ratio of 8.26. The company has a market cap of C$515.51 million, a P/E ratio of 6.21, a PEG ratio of 1.18 and a beta of 1.79.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Royal Bank of Canada increased their target price on shares of AGF Management from C$9.00 to C$10.00 in a research note on Friday, April 5th. TD Securities increased their target price on shares of AGF Management from C$9.50 to C$10.00 and gave the stock a “buy” rating in a research note on Tuesday, January 16th. Jefferies Financial Group increased their target price on shares of AGF Management from C$10.00 to C$11.00 in a research note on Sunday, April 7th. Scotiabank increased their target price on shares of AGF Management from C$9.50 to C$10.50 in a research note on Tuesday, April 2nd. Finally, CIBC increased their target price on shares of AGF Management from C$11.00 to C$14.00 in a research note on Friday, April 5th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of C$10.75.

About AGF Management

AGF Management Limited is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to public and corporate DB pension plans, endowments and foundations, sovereign wealth funds, corporate plans, insurance companies, and sub-advised mandates. Through its subsidiaries, it manages separate client-focused equity, fixed income, and balanced mutual funds along with separate client-focused equity, fixed income, and balanced portfolios.