Insider Buying: AGF Management Limited (TSE:AGF.B) Insider Acquires 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 business’s stock in a transaction on Wednesday, April 24th. The stock was acquired at an average cost of C$8.05 per share, for a total transaction of C$11,270.00.

AGF Management Trading Up 0.7 %

TSE AGF.B traded up C$0.06 on Friday, hitting C$8.14. 11,051 shares of the stock were exchanged, compared to its average volume of 74,676. The company has a market capitalization of C$519.98 million, a price-to-earnings ratio of 6.22, a P/E/G ratio of 1.18 and a beta of 1.79. The company’s 50-day moving average price is C$8.08 and its two-hundred day moving average price is C$7.61. The company has a debt-to-equity ratio of 8.26, a current ratio of 1.39 and a quick ratio of 1.75. AGF Management Limited has a 52-week low of C$6.30 and a 52-week high of C$9.05.

Analyst Ratings Changes

A number of research firms have commented on AGF.B. Scotiabank upped their price target on AGF Management from C$9.50 to C$10.50 in a research report on Tuesday, April 2nd. CIBC boosted their price target on AGF Management from C$11.00 to C$14.00 in a report on Friday, April 5th. Royal Bank of Canada upped their price target on AGF Management from C$9.00 to C$10.00 in a research report on Friday, April 5th. Jefferies Financial Group lifted their price target on AGF Management from C$10.00 to C$11.00 in a research note on Sunday, April 7th. Finally, TD Securities boosted their target price on shares of AGF Management from C$9.50 to C$10.00 and gave the company a “buy” rating in a report on Tuesday, January 16th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of C$10.75.

AGF Management Company Profile

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.