Desjardins Analysts Give AGF Management (TSE:AGF.B) a C$12.00 Price Target

Desjardins set a C$12.00 price objective on AGF Management (TSE:AGF.B) in a research note released on Friday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Separately, Scotiabank set a C$10.75 price target on shares of AGF Management and gave the stock a sector perform rating in a report on Thursday, June 27th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus price target of C$10.96.

AGF Management Trading Up 0.8 %

TSE:AGF.B opened at C$7.91 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.75 and a debt-to-equity ratio of 14.60. The stock has a market capitalization of C$508.53 million, a price-to-earnings ratio of 5.99, a PEG ratio of 1.18 and a beta of 1.71. The firm has a fifty day simple moving average of C$8.02 and a two-hundred day simple moving average of C$8.18. AGF Management has a 12 month low of C$6.30 and a 12 month high of C$9.05.

Insider Activity

In other AGF Management news, Director Laura Lee Dottori-Attanasio acquired 12,500 shares of AGF Management stock in a transaction dated Friday, August 2nd. The stock was purchased at an average cost of C$7.99 per share, for a total transaction of C$99,833.75. In other AGF Management news, Director Laura Lee Dottori-Attanasio acquired 12,500 shares of AGF Management stock in a transaction dated Friday, August 2nd. The stock was purchased at an average cost of C$7.99 per share, for a total transaction of C$99,833.75. Also, Director Cybele Negris acquired 3,700 shares of AGF Management stock in a transaction dated Monday, August 19th. The shares were acquired at an average price of C$7.96 per share, with a total value of C$29,433.50. Insiders acquired 54,185 shares of company stock worth $432,663 over the last three months. 18.69% of the stock is currently owned by insiders.

About AGF Management

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.