Cybele Negris Buys 3,160 Shares of AGF Management Limited (TSE:AGF.B) Stock

AGF Management Limited (TSE:AGF.B - Get Free Report) Director Cybele Negris acquired 3,160 shares of the firm's stock in a transaction dated Tuesday, April 30th. The stock was bought at an average price of C$7.90 per share, with a total value of C$24,964.00.

AGF Management Stock Down 1.9 %

TSE AGF.B traded down C$0.15 on Tuesday, reaching C$7.88. The stock had a trading volume of 45,339 shares, compared to its average volume of 73,897. The company has a current ratio of 1.39, a quick ratio of 1.75 and a debt-to-equity ratio of 8.26. AGF Management Limited has a 1 year low of C$6.30 and a 1 year high of C$9.05. The business has a 50 day moving average price of C$8.11 and a 200 day moving average price of C$7.64. The company has a market capitalization of C$503.37 million, a price-to-earnings ratio of 6.06, a P/E/G ratio of 1.18 and a beta of 1.79.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AGF.B. Jefferies Financial Group lifted their price objective on shares of AGF Management from C$10.00 to C$11.00 in a research note on Sunday, April 7th. Scotiabank lifted their price target on shares of AGF Management from C$9.50 to C$10.50 in a research report on Tuesday, April 2nd. BMO Capital Markets increased their price objective on AGF Management from C$8.50 to C$9.00 in a research report on Friday, April 5th. CIBC raised their price objective on AGF Management from C$11.00 to C$14.00 in a research note on Friday, April 5th. Finally, Royal Bank of Canada boosted their target price on AGF Management from C$9.00 to C$10.00 in a research report on Friday, April 5th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of C$10.75.

AGF Management Company Profile

AGF Management Limited is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to public and corporate DB pension plans, endowments and foundations, sovereign wealth funds, corporate plans, insurance companies, and sub-advised mandates. Through its subsidiaries, it manages separate client-focused equity, fixed income, and balanced mutual funds along with separate client-focused equity, fixed income, and balanced portfolios.