Ag Growth International Inc (TSE:AFN) had its target price hoisted by analysts at CIBC from C$44.00 to C$52.00 in a research note issued on Friday. CIBC’s price target suggests a potential downside of 2.44% from the company’s current price.

A number of other research analysts have also recently issued reports on AFN. National Bank Financial boosted their target price on Ag Growth International from C$40.00 to C$44.00 in a research note on Monday, July 18th. Royal Bank Of Canada reaffirmed 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. Finally, 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. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Ag Growth International has an average rating of “Buy” and a consensus price target of C$47.03.

Analyst Recommendations for Ag Growth International (TSE:AFN)

Shares of Ag Growth International (TSE:AFN) opened at 53.30 on Friday. The stock’s market capitalization is $784.31 million. Ag Growth International has a 1-year low of $24.68 and a 1-year high of $53.79. The stock’s 50 day moving average price is $46.68 and its 200-day moving average price is $42.25.

Ag Growth International Company Profile

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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