Ag Growth International Inc (AFN) Given New C$59.00 Price Target at Laurentian Bank of Canada
Ag Growth International Inc (TSE:AFN) had its price target hoisted by Laurentian Bank of Canada from C$56.00 to C$59.00 in a report released on Tuesday. The firm currently has a buy rating on the stock.
Several other analysts also recently weighed in on the stock. Scotiabank lifted their target price on shares of Ag Growth International from C$42.00 to C$56.00 and gave the company a sector perform rating in a report on Friday, November 11th. TD Securities boosted their price objective on shares of Ag Growth International from C$43.00 to C$52.00 and gave the stock a hold rating in a report on Friday, November 11th. CIBC boosted their price objective on shares of Ag Growth International from C$44.00 to C$52.00 in a report on Friday, November 11th. RBC Capital Markets set a C$50.00 price objective on shares of Ag Growth International and gave the stock an outperform rating in a report on Wednesday, October 5th. Finally, Royal Bank Of Canada reissued an outperform rating and set a C$50.00 price objective on shares of Ag Growth International in a report on Wednesday, October 5th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has an average rating of Buy and an average target price of C$51.44.
Shares of Ag Growth International (TSE:AFN) opened at 53.94 on Tuesday. The firm has a market cap of $796.42 million and a P/E ratio of 296.37. The firm has a 50-day moving average of $48.10 and a 200-day moving average of $42.89. Ag Growth International has a 12-month low of $24.68 and a 12-month high of $54.50.
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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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