Insider Selling: AGF Management Limited (TSE:AGF.B) Insider Sells C$12,026.00 in Stock

AGF Management Limited (TSE:AGF.B) insider AGF Management Limited, La Societe de Gestion AGF Limitee sold 1,400 shares of AGF Management stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of C$8.59, for a total value of C$12,026.00.

AGF Management Limited, La Societe de Gestion AGF Limitee also recently made the following trade(s):

• On Monday, June 17th, AGF Management Limited, La Societe de Gestion AGF Limitee acquired 1,300 shares of AGF Management stock. The shares were bought at an average price of C$8.23 per share, with a total value of C$10,699.00.
• On Monday, April 1st, AGF Management Limited, La Societe de Gestion AGF Limitee acquired 1,400 shares of AGF Management stock. The shares were purchased at an average price of C$8.29 per share, with a total value of C$11,606.00.
• On Wednesday, April 24th, AGF Management Limited, La Societe de Gestion AGF Limitee acquired 1,400 shares of AGF Management stock. The shares were purchased at an average price of C$8.05 per share, with a total value of C$11,270.00.

AGF Management Trading Up 3.8 %

Shares of AGF.B stock opened at C$8.27 on Friday. AGF Management Limited has a fifty-two week low of C$6.30 and a fifty-two week high of C$9.05. The stock’s fifty day moving average price is C$8.30 and its two-hundred day moving average price is C$8.04. The company has a debt-to-equity ratio of 11.08, a quick ratio of 1.75 and a current ratio of 1.73. The company has a market cap of C$534.49 million, a PE ratio of 5.51, a P/E/G ratio of 1.18 and a beta of 1.78.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on AGF.B shares. BMO Capital Markets boosted their price objective on AGF Management from C$8.50 to C$9.00 in a report on Friday, April 5th. Desjardins boosted their price objective on AGF Management from C$11.50 to C$12.00 and gave the stock a “buy” rating in a report on Monday. Scotiabank set a C$10.75 price objective on AGF Management and gave the stock a “sector perform” rating in a report on Thursday. Royal Bank of Canada boosted their price objective on AGF Management from C$9.00 to C$10.00 in a report on Friday, April 5th. Finally, CIBC boosted their price target on AGF Management from C$11.00 to C$14.00 in a research note on Friday, April 5th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$10.96.

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.