Ag Growth International’s (AFN) “Outperform” Rating Reaffirmed at Royal Bank Of Canada
Royal Bank Of Canada reiterated their outperform rating on shares of Ag Growth International Inc (TSE:AFN) in a research report sent to investors on Wednesday morning. Royal Bank Of Canada currently has a C$50.00 price objective on the stock.
A number of other equities analysts have also recently issued reports on the company. National Bank Financial lifted their target price on Ag Growth International from C$40.00 to C$44.00 in a report on Monday, July 18th. Scotiabank reiterated a sector perform rating and set a C$40.00 price target on shares of Ag Growth International in a report on Thursday, June 9th. Finally, CIBC lifted their price target on Ag Growth International from C$37.00 to C$42.00 in a report on Friday, August 12th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of C$42.28.
Shares of Ag Growth International (TSE:AFN) opened at 44.83 on Wednesday. The company’s 50 day moving average price is $43.60 and its 200 day moving average price is $40.09. Ag Growth International has a one year low of $24.68 and a one year high of $44.94. The stock’s market capitalization is $659.67 million.
About Ag Growth International
Ag Growth International Inc is a Canada-based manufacturer of agricultural equipment. The Company focuses on grain handling, storage and conditioning products. The Company’s products service both Farm and Commercial markets, and sells to farmers, contractors and corporate entities. The Company manufactures in Canada, the United States and Europe.
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