Ag Growth International Inc (AFN) Given Average Recommendation of “Buy” by Brokerages
Shares of Ag Growth International Inc (TSE:AFN) have earned an average recommendation of “Buy” from the eight brokerages that are presently covering the company, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a buy rating. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$66.29.
AFN has been the subject of a number of recent research reports. TD Securities raised Ag Growth International from a “hold” rating to a “buy” rating and boosted their target price for the company from C$63.00 to C$72.00 in a research note on Friday, August 11th. National Bank Financial boosted their target price on Ag Growth International from C$60.00 to C$70.00 and gave the company an “outperform” rating in a research note on Friday, August 11th.
Ag Growth International (AFN) traded down 1.53% during midday trading on Tuesday, reaching $56.13. The company had a trading volume of 19,820 shares. The stock has a market capitalization of $903.41 million and a price-to-earnings ratio of 30.69. Ag Growth International has a one year low of $41.78 and a one year high of $60.26. The company has a 50-day moving average price of $57.03 and a 200-day moving average price of $55.65.
In other Ag Growth International news, Director Gary Keith Anderson sold 8,000 shares of the company’s stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of C$58.54, for a total transaction of C$468,320.00.
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Ag Growth International Company Profile
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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