AGF EMPLOYEE BENEFIT PLAN TRUST Purchases 42,700 Shares of AGF Management Limited (TSE:AGF.B) Stock

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST acquired 42,700 shares of the business’s stock in a transaction dated Monday, June 9th. The stock was purchased at an average price of C$12.09 per share, with a total value of C$516,243.00.

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

• On Wednesday, April 9th, AGF EMPLOYEE BENEFIT PLAN TRUST sold 24,552 shares of AGF Management stock. The shares were sold at an average price of C$9.80, for a total value of C$240,609.60.

AGF Management Stock Down 0.1%

AGF.B opened at C$12.06 on Wednesday. The stock has a market capitalization of C$770.15 million, a price-to-earnings ratio of 9.42, a P/E/G ratio of 1.18 and a beta of 1.73. AGF Management Limited has a 1-year low of C$7.37 and a 1-year high of C$12.30. The business has a 50 day moving average of C$10.59 and a 200-day moving average of C$10.69. The company has a current ratio of 1.19, a quick ratio of 1.75 and a debt-to-equity ratio of 11.27.

Analysts Set New Price Targets

AGF.B has been the topic of a number of analyst reports. Scotiabank dropped their price target on AGF Management from C$12.00 to C$11.50 and set a “sector perform” rating on the stock in a research note on Wednesday, April 9th. Desjardins dropped their target price on shares of AGF Management from C$13.50 to C$12.25 and set a “buy” rating on the stock in a research report on Wednesday, April 9th. TD Securities cut their price target on shares of AGF Management from C$13.00 to C$12.00 and set a “buy” rating on the stock in a report on Wednesday, April 9th. Finally, Jefferies Financial Group decreased their price objective on shares of AGF Management from C$12.00 to C$11.00 in a research note on Monday, April 21st. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$12.46.

AGF Management Company Profile

AGF Management is a Canadian-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of May 2022, the firm had CAD 40.3 billion in total assets under management. AGF Management’s funds are weighted more heavily toward equities, with just over two thirds of retail AUM being equity related.