Ag Growth International Inc (AFN) PT Raised to C$52.00
Ag Growth International Inc (TSE:AFN) had its price target raised by stock analysts at TD Securities from C$43.00 to C$52.00 in a research report issued on Friday. The brokerage presently has a “hold” rating on the stock. TD Securities’ price objective would suggest a potential downside of 2.44% from the company’s current price.
A number of other equities analysts also recently issued reports on AFN. 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. CIBC lifted their price target on Ag Growth International from C$37.00 to C$42.00 in a research note on Friday, August 12th. Royal Bank Of Canada reiterated an “outperform” rating and set a C$50.00 price target on shares of Ag Growth International in a research note on Wednesday, October 5th. Finally, RBC Capital Markets set a C$50.00 price target on Ag Growth International and gave the company an “outperform” rating in a research note on Wednesday, October 5th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of C$47.03.
Ag Growth International (TSE:AFN) opened at 53.30 on Friday. The company’s 50-day moving average price is $46.68 and its 200 day moving average price is $42.25. Ag Growth International has a 52 week low of $24.68 and a 52 week high of $53.79. The company’s market capitalization is $784.31 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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