AGF Management Limited (TSE:AGF.B) Director Cybele Negris Acquires 5,121 Shares of Stock

AGF Management Limited (TSE:AGF.B) Director Cybele Negris bought 5,121 shares of AGF Management stock in a transaction on Wednesday, August 28th. The shares were purchased at an average cost of C$7.86 per share, with a total value of C$40,246.45.

Cybele Negris also recently made the following trade(s):

• On Thursday, August 22nd, Cybele Negris acquired 5,064 shares of AGF Management stock. The stock was acquired at an average cost of C$7.90 per share, with a total value of C$40,005.60.
• On Monday, August 19th, Cybele Negris purchased 3,700 shares of AGF Management stock. The shares were acquired at an average cost of C$7.96 per share, for a total transaction of C$29,433.50.
• On Tuesday, August 6th, Cybele Negris acquired 3,100 shares of AGF Management stock. The stock was bought at an average cost of C$7.90 per share, with a total value of C$24,490.00.
• On Wednesday, July 31st, Cybele Negris acquired 6,000 shares of AGF Management stock. The shares were bought at an average price of C$8.15 per share, for a total transaction of C$48,900.00.

AGF Management Trading Up 0.4 %

Shares of TSE:AGF.B traded up C$0.03 during midday trading on Thursday, reaching C$7.86. The company had a trading volume of 2,859 shares, compared to its average volume of 62,539. The company has a fifty day simple moving average of C$8.15 and a two-hundred day simple moving average of C$8.16. The company has a debt-to-equity ratio of 14.60, a quick ratio of 1.75 and a current ratio of 1.58. The firm has a market cap of C$505.32 million, a price-to-earnings ratio of 5.93, a price-to-earnings-growth ratio of 1.18 and a beta of 1.71. AGF Management Limited has a 1-year low of C$6.30 and a 1-year high of C$9.05.

Wall Street Analyst Weigh In

AGF.B has been the topic of a number of research reports. Scotiabank set a C$10.75 price objective on AGF Management and gave the stock a “sector perform” rating in a research note on Thursday, June 27th. Desjardins raised their price objective on shares of AGF Management from C$11.50 to C$12.00 and gave the company a “buy” rating in a research report on Monday, June 24th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$10.96.

AGF Management Company Profile

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.