AGF EMPLOYEE BENEFIT PLAN TRUST Purchases 5,863 Shares of AGF Management Limited (TSE:AGF.B) Stock

AGF Management Limited (TSE:AGF.B - Get Free Report) insider AGF EMPLOYEE BENEFIT PLAN TRUST acquired 5,863 shares of the stock in a transaction dated Monday, June 16th. The stock was acquired at an average cost of C$12.10 per share, with a total value of C$70,942.30.

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

• On Friday, June 13th, AGF EMPLOYEE BENEFIT PLAN TRUST purchased 23,277 shares of AGF Management stock. The shares were acquired at an average price of C$12.24 per share, for a total transaction of C$284,910.48.
• On Thursday, June 12th, AGF EMPLOYEE BENEFIT PLAN TRUST acquired 21,600 shares of AGF Management stock. The stock was bought at an average cost of C$12.22 per share, with a total value of C$263,952.00.
• On Monday, June 9th, AGF EMPLOYEE BENEFIT PLAN TRUST bought 42,700 shares of AGF Management stock. The shares were bought at an average cost of C$12.09 per share, for a total transaction of C$516,243.00.
• 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 transaction of C$240,609.60.

AGF Management Stock Performance

Shares of TSE:AGF.B traded up C$0.46 during midday trading on Thursday, reaching C$12.40. The company's stock had a trading volume of 83,895 shares, compared to its average volume of 67,079. 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 has a fifty day moving average of C$10.93 and a 200 day moving average of C$10.73. AGF Management Limited has a twelve month low of C$7.37 and a twelve month high of C$12.46. The firm has a market capitalization of C$791.86 million, a PE ratio of 9.69, a P/E/G ratio of 1.18 and a beta of 1.73.

Analyst Ratings Changes

AGF.B has been the subject of several research reports. Jefferies Financial Group lowered their price objective on shares of AGF Management from C$12.00 to C$11.00 in a research note on Monday, April 21st. Desjardins lifted their price target on AGF Management from C$12.50 to C$14.00 and gave the stock a "buy" rating in a research report on Tuesday. 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. Finally, TD Securities raised their price objective on AGF Management from C$13.00 to C$15.00 and gave the stock a "buy" rating in a research note on Thursday. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of C$13.25.

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.