Ag Growth International Inc (TSE:AFN) had its price objective hoisted by investment analysts at Scotiabank from C$42.00 to C$56.00 in a report released on Friday. The firm presently has a “sector perform” rating on the stock. Scotiabank’s target price indicates a potential upside of 5.07% from the stock’s previous close.

AFN has been the subject of a number of other reports. RBC Capital Markets set a C$50.00 target price on Ag Growth International and gave the company an “outperform” rating in a research note on Wednesday, October 5th. Royal Bank Of Canada reissued an “outperform” rating and issued a C$50.00 target price on shares of Ag Growth International in a research note on Wednesday, October 5th. CIBC boosted their target price on Ag Growth International from C$42.00 to C$44.00 in a research note on Tuesday, October 11th. 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. Finally, TD Securities upped their price objective on Ag Growth International from C$43.00 to C$52.00 and gave the stock a “hold” rating in a research report on Friday. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Ag Growth International currently has an average rating of “Buy” and a consensus price target of C$47.03.

Analyst Recommendations for Ag Growth International (TSE:AFN)

Ag Growth International (TSE:AFN) opened at 53.30 on Friday. Ag Growth International has a 12 month low of $24.68 and a 12 month high of $53.79. The firm has a 50-day moving average price of $46.68 and a 200 day moving average price of $42.25. 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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