AGF Management Limited (TSE:AGF.B) Senior Officer Kevin Andrew Mccreadie Sells 45,734 Shares of Stock

AGF Management Limited (TSE:AGF.B) Senior Officer Kevin Andrew Mccreadie sold 45,734 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of C$11.21, for a total value of C$512,678.14.

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

• On Tuesday, November 19th, Kevin Andrew Mccreadie sold 25,000 shares of AGF Management stock. The stock was sold at an average price of C$11.06, for a total transaction of C$276,500.00.
• On Tuesday, November 5th, Kevin Andrew Mccreadie sold 31,600 shares of AGF Management stock. The stock was sold at an average price of C$10.65, for a total transaction of C$336,540.00.
• On Wednesday, October 9th, Kevin Andrew Mccreadie sold 32,840 shares of AGF Management stock. The shares were sold at an average price of C$10.45, for a total transaction of C$343,178.00.

AGF Management Stock Performance

Shares of TSE AGF.B opened at C$11.12 on Wednesday. The stock’s 50-day moving average is C$10.24 and its 200 day moving average is C$8.92. The stock has a market cap of C$710.12 million, a price-to-earnings ratio of 8.69, a P/E/G ratio of 1.18 and a beta of 1.73. AGF Management Limited has a 1-year low of C$7.18 and a 1-year high of C$11.53. The company has a current ratio of 1.19, a quick ratio of 1.75 and a debt-to-equity ratio of 11.27.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Scotiabank increased their price objective on AGF Management from C$10.75 to C$11.25 in a research report on Wednesday, September 18th. CIBC raised their price target on AGF Management from C$14.00 to C$17.00 and gave the company an “outperform” rating in a report on Thursday, October 3rd. BMO Capital Markets boosted their price objective on AGF Management from C$9.00 to C$10.00 and gave the stock a “market perform” rating in a report on Monday, September 23rd. Desjardins raised their target price on shares of AGF Management from C$12.00 to C$12.50 and gave the company a “buy” rating in a research note on Thursday, September 26th. Finally, TD Securities lifted their target price on shares of AGF Management from C$10.00 to C$11.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$11.82.

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.