AGF Management Limited (TSE:AGF.B) Insider AGF EMPLOYEE BENEFIT PLAN TRUST Purchases 23,200 Shares

AGF Management Limited (TSE:AGF.B) insider AGF EMPLOYEE BENEFIT PLAN TRUST purchased 23,200 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The shares were acquired at an average cost of C$11.56 per share, for a total transaction of C$268,192.00.

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

• On Thursday, February 27th, AGF EMPLOYEE BENEFIT PLAN TRUST acquired 22,500 shares of AGF Management stock. The stock was acquired at an average cost of C$11.89 per share, with a total value of C$267,525.00.
• On Thursday, February 20th, AGF EMPLOYEE BENEFIT PLAN TRUST bought 21,100 shares of AGF Management stock. The shares were acquired 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 stock was bought 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 Stock Performance

Shares of AGF Management stock opened at C$11.70 on Friday. 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’s fifty day moving average is C$10.88 and its two-hundred day moving average is C$10.14. 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 market capitalization of C$747.16 million, a PE ratio of 9.14, a price-to-earnings-growth ratio of 1.18 and a beta of 1.73.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. BMO Capital Markets lifted their target price on AGF Management from C$10.00 to C$11.00 in a report on Wednesday, January 8th. Jefferies Financial Group raised their price target on 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. Desjardins boosted their price objective on shares of AGF Management from C$12.50 to C$13.00 and gave the company a “buy” rating in a research report on Thursday, January 16th. Finally, TD Securities raised 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 report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock currently 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.