Ag Growth International Inc (AFN) PT Raised to C$59.00
Ag Growth International Inc (TSE:AFN) had its target price upped by investment analysts at Laurentian from C$56.00 to C$59.00 in a research note issued on Tuesday. The brokerage presently has a “buy” rating on the stock. Laurentian’s price objective would indicate a potential upside of 10.05% from the company’s previous close.
Several other equities analysts have also issued reports on the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a C$50.00 price target on shares of Ag Growth International in a research note on Wednesday, October 5th. CIBC lifted their price target on Ag Growth International from C$42.00 to C$44.00 in a research note on Tuesday, October 11th. 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. TD Securities lifted their price target on Ag Growth International from C$43.00 to C$52.00 and gave the company a “hold” rating in a research note on Friday, November 11th. Finally, Laurentian Bank of Canada lifted their price target on Ag Growth International from C$56.00 to C$59.00 and gave the company a “buy” rating in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of C$51.44.
Ag Growth International (TSE:AFN) opened at 53.61 on Tuesday. The firm has a market cap of $791.55 million and a price-to-earnings ratio of 294.56. Ag Growth International has a 1-year low of $24.68 and a 1-year high of $54.50. The firm has a 50-day moving average price of $48.55 and a 200 day moving average price of $43.05.
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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