Kevin Andrew Mccreadie Sells 1,200 Shares of AGF Management Limited (TSE:AGF.B) Stock

AGF Management Limited (TSE:AGF.B - Get Free Report) Senior Officer Kevin Andrew Mccreadie sold 1,200 shares of AGF Management stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of C$11.30, for a total value of C$13,560.00.

Kevin Andrew Mccreadie also recently made the following trade(s):

• On Wednesday, May 21st, Kevin Andrew Mccreadie sold 3,700 shares of AGF Management stock. The shares were sold at an average price of C$11.35, for a total transaction of C$41,995.00.
• On Wednesday, May 14th, Kevin Andrew Mccreadie sold 3,500 shares of AGF Management stock. The shares were sold at an average price of C$11.85, for a total value of C$41,475.00.
• On Monday, May 12th, Kevin Andrew Mccreadie sold 60,000 shares of AGF Management stock. The shares were sold at an average price of C$11.32, for a total transaction of C$679,200.00.

AGF Management Trading Up 1.0%

TSE AGF.B opened at C$11.28 on Friday. 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 current ratio of 1.19, a quick ratio of 1.75 and a debt-to-equity ratio of 11.27. The stock has a market cap of C$720.34 million, a P/E ratio of 8.81, a PEG ratio of 1.18 and a beta of 1.73. The company's fifty day simple moving average is C$10.16 and its 200-day simple moving average is C$10.62.

Analysts Set New Price Targets

A number of research analysts recently weighed in on AGF.B shares. Jefferies Financial Group reduced their target price on AGF Management from C$12.00 to C$11.00 in a report on Monday, April 21st. Desjardins decreased their target price on AGF Management from C$13.50 to C$12.25 and set a "buy" rating for the company in a report on Wednesday, April 9th. TD Securities decreased their price objective on shares of AGF Management from C$13.00 to C$12.00 and set a "buy" rating for the company in a research note on Wednesday, April 9th. Finally, Scotiabank cut their target price on shares of 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. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target 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.

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