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

AGF Management Limited (TSE:AGF.B) Director Cybele Negris acquired 3,160 shares of the firm’s stock in a transaction that occurred on Tuesday, April 30th. The stock was purchased at an average cost of C$7.90 per share, with a total value of C$24,964.00.

AGF Management Stock Performance

TSE:AGF.B traded down C$0.15 on Tuesday, hitting C$7.88. The stock had a trading volume of 45,494 shares, compared to its average volume of 73,897. AGF Management Limited has a 52-week low of C$6.30 and a 52-week high of C$9.05. The stock has a market cap of C$503.37 million, a price-to-earnings ratio of 6.06, a price-to-earnings-growth ratio of 1.18 and a beta of 1.79. The company has a quick ratio of 1.75, a current ratio of 1.39 and a debt-to-equity ratio of 8.26. The business’s 50-day simple moving average is C$8.11 and its two-hundred day simple moving average is C$7.64.

Analyst Ratings Changes

AGF.B has been the subject of several analyst reports. CIBC raised their price target on shares of AGF Management from C$11.00 to C$14.00 in a report on Friday, April 5th. Scotiabank increased their target price on shares of AGF Management from C$9.50 to C$10.50 in a report on Tuesday, April 2nd. Royal Bank of Canada increased their target price on AGF Management from C$9.00 to C$10.00 in a research report on Friday, April 5th. BMO Capital Markets upped their price target on AGF Management from C$8.50 to C$9.00 in a research note on Friday, April 5th. Finally, TD Securities upped their target price on shares of AGF Management from C$9.50 to C$10.00 and gave the stock a “buy” rating in a research note on Tuesday, January 16th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of C$10.75.

About AGF Management

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.