AGF EMPLOYEE BENEFIT PLAN TRUST Acquires 22,500 Shares of AGF Management Limited (TSE:AGF.B) Stock

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST bought 22,500 shares of the stock in a transaction on Thursday, February 27th. The stock was purchased at an average price of C$11.89 per share, for a total transaction 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 shares were bought 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 acquired 21,100 shares of AGF Management stock. The shares were bought 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 acquired 21,000 shares of AGF Management stock. The shares were bought at an average price of C$11.06 per share, for a total transaction 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 transaction of C$4,945,528.67.

AGF Management Trading Down 0.7 %

AGF Management stock traded down C$0.08 during trading hours on Thursday, reaching C$11.74. The stock had a trading volume of 98,777 shares, compared to its average volume of 66,289. The stock has a market cap of C$749.72 million, a PE ratio of 9.17, a PEG ratio of 1.18 and a beta of 1.73. 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 debt-to-equity ratio of 11.27, a current ratio of 1.19 and a quick ratio of 1.75. The company has a fifty day simple moving average of C$10.86 and a 200-day simple moving average of C$10.11.

Analyst Ratings Changes

AGF.B has been the topic of a number of analyst reports. TD Securities lifted their target price on shares of AGF Management from C$12.00 to C$13.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. BMO Capital Markets lifted their target price on shares of AGF Management from C$10.00 to C$11.00 in a research report on Wednesday, January 8th. Jefferies Financial Group lifted their target price on shares of AGF Management from C$11.00 to C$12.00 and gave the stock a “buy” rating in a research report on Wednesday, January 8th. Finally, Desjardins lifted their target price on shares of AGF Management from C$12.50 to C$13.00 and gave the stock a “buy” rating in a research report on Thursday, January 16th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average 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.