AGF Management (TSE:AGF.B) PT Raised to C$11.25 at Scotiabank

AGF Management (TSE:AGF.B) had its target price raised by Scotiabank from C$10.75 to C$11.25 in a report issued on Wednesday morning, BayStreet.CA reports.

Separately, Desjardins set a C$12.00 price target on shares of AGF Management and gave the stock a buy rating in a report on Friday, September 13th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, AGF Management currently has a consensus rating of Moderate Buy and a consensus target price of C$11.04.

AGF Management Price Performance

Shares of TSE:AGF.B opened at C$8.49 on Wednesday. The company’s fifty day moving average price is C$8.03 and its 200-day moving average price is C$8.19. The firm has a market capitalization of C$545.82 million, a price-to-earnings ratio of 6.43, a PEG ratio of 1.18 and a beta of 1.71. AGF Management has a one year low of C$6.30 and a one year high of C$9.05. The company has a debt-to-equity ratio of 14.60, a current ratio of 1.58 and a quick ratio of 1.75.

Insider Buying and Selling at AGF Management

In other news, insider AGF EMPLOYEE BENEFIT PLAN TRUST purchased 16,100 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was acquired at an average price of C$7.97 per share, with a total value of C$128,317.00. In related news, insider AGF EMPLOYEE BENEFIT PLAN TRUST bought 16,100 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The stock was purchased at an average cost of C$7.97 per share, with a total value of C$128,317.00. Also, Director Laura Lee Dottori-Attanasio bought 12,500 shares of the company’s stock in a transaction dated Friday, August 2nd. The stock was bought at an average cost of C$7.99 per share, with a total value of C$99,833.75. Insiders bought 52,885 shares of company stock valued at $421,964 in the last quarter. Company insiders own 18.69% of the company’s stock.

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.