AGF Management Limited (TSE:AGF.B) Insider Purchases 42,700 Shares of Stock

AGF Management Limited (TSE:AGF.B - Get Free Report) insider AGF EMPLOYEE BENEFIT PLAN TRUST purchased 42,700 shares of the business's stock in a transaction that occurred on Monday, June 9th. The stock was acquired at an average price of C$12.09 per share, for a total transaction 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 stock was sold at an average price of C$9.80, for a total value of C$240,609.60.

AGF Management Price Performance

Shares of TSE:AGF.B traded up C$0.35 on Thursday, reaching C$12.46. 89,589 shares of the company traded hands, compared to its average volume of 67,058. The company has a debt-to-equity ratio of 11.27, a current ratio of 1.19 and a quick ratio of 1.75. AGF Management Limited has a fifty-two week low of C$7.37 and a fifty-two week high of C$12.46. The stock has a market capitalization of C$795.70 million, a PE ratio of 9.73, a P/E/G ratio of 1.18 and a beta of 1.73. The company's 50 day moving average is C$10.65 and its 200-day moving average is C$10.70.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Scotiabank lowered their price target on AGF Management from C$12.00 to C$11.50 and set a "sector perform" rating for the company in a report on Wednesday, April 9th. Desjardins lowered their target price on shares of AGF Management from C$13.50 to C$12.25 and set a "buy" rating for the company in a research note on Wednesday, April 9th. TD Securities reduced 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 research report on Wednesday, April 9th. Finally, Jefferies Financial Group lowered their price objective on shares of AGF Management from C$12.00 to C$11.00 in a research report on Monday, April 21st. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$12.46.

About AGF Management

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.