Ag Growth International Inc (AFN) PT Raised to C$44.00 at CIBC
Ag Growth International Inc (TSE:AFN) had its price target increased by research analysts at CIBC from C$42.00 to C$44.00 in a report released on Tuesday. CIBC’s target price would indicate a potential downside of 4.47% from the stock’s previous close.
Other research analysts also recently issued research reports about the company. National Bank Financial lifted their price target on Ag Growth International from C$40.00 to C$44.00 in a research note on Monday, July 18th. RBC Capital Markets set a C$50.00 price objective on Ag Growth International and gave the stock an “outperform” rating in a research report on Wednesday, October 5th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a C$50.00 price objective on shares of Ag Growth International in a research report on Wednesday, October 5th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of C$42.53.
Shares of Ag Growth International (TSE:AFN) traded up 0.56% during midday trading on Tuesday, reaching $46.32. 18,070 shares of the company traded hands. The stock’s 50-day moving average is $43.86 and its 200-day moving average is $40.31. Ag Growth International has a 1-year low of $24.68 and a 1-year high of $46.32. The stock’s market capitalization is $681.60 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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