AGT Food and Ingredients Inc (TSE:AGT) had its target price reduced by research analysts at Scotiabank from C$39.00 to C$38.00 in a report released on Friday. The firm currently has a “sector perform” rating on the stock. Scotiabank’s price target points to a potential upside of 8.57% from the stock’s previous close.

Analyst Recommendations for AGT Food and Ingredients (TSE:AGT)

AGT Food and Ingredients (TSE:AGT) opened at 35.00 on Friday. The stock’s 50 day moving average is $37.49 and its 200-day moving average is $36.44. The firm has a market cap of $837.48 million and a P/E ratio of 22.67. AGT Food and Ingredients has a 1-year low of $30.00 and a 1-year high of $42.16.

AGT Food and Ingredients Company Profile

AGT Food and Ingredients Inc (AGT), formerly Alliance Grain Traders Inc, is a processor and splitter of pulse crops. The Company is engaged in pulse and staple food processing and distribution, with processing facilities and sales offices located around the world. It operates in three segments: Pulse and Grain Processing, which includes the operations of AGT subsidiaries and facilities in Canada, the United States, Australia, China and a portion of the operations in Turkey; Trading and Distribution, which includes operations in Europe, Russia, India and a portion of the operations in Canada, Turkey and Australia, and Food Ingredients and Packaged Foods, which include subsidiaries and facilities in the United States, Canada, South Africa and a portion of the operations in Turkey.

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