AGF Management Limited (TSE:AGF.B) Insider AGF EMPLOYEE BENEFIT PLAN TRUST Purchases 22,500 Shares

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST bought 22,500 shares of the business’s stock in a transaction dated Thursday, February 27th. The shares were bought at an average cost of C$11.89 per share, with a total value of C$267,525.00.

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

• On Tuesday, February 25th, AGF EMPLOYEE BENEFIT PLAN TRUST acquired 23,200 shares of AGF Management stock. The stock was purchased at an average price of C$11.56 per share, for a total transaction of C$268,192.00.
• On Thursday, February 20th, AGF EMPLOYEE BENEFIT PLAN TRUST bought 21,100 shares of AGF Management stock. The stock was purchased at an average price of C$11.57 per share, for a total transaction of C$244,127.00.
• On Tuesday, February 18th, AGF EMPLOYEE BENEFIT PLAN TRUST purchased 21,000 shares of AGF Management stock. The shares were purchased 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 value of C$4,945,528.67.

AGF Management Price Performance

AGF.B stock opened at C$11.70 on Friday. AGF Management Limited has a 52-week low of C$7.37 and a 52-week high of C$11.95. The company has a quick ratio of 1.75, a current ratio of 1.19 and a debt-to-equity ratio of 11.27. The stock has a market cap of C$747.16 million, a price-to-earnings ratio of 9.14, a price-to-earnings-growth ratio of 1.18 and a beta of 1.73. The business has a fifty day moving average of C$10.88 and a two-hundred day moving average of C$10.14.

Analysts Set New Price Targets

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