Ag Growth International Inc (AFN) Price Target Lowered to C$65.00 at Scotiabank
Ag Growth International Inc (TSE:AFN) had its price objective lowered by Scotiabank from C$70.00 to C$65.00 in a research report report published on Monday morning, StockTargetPrices.com reports. Scotiabank currently has an outperform rating on the stock.
Other equities analysts also recently issued reports about the company. TD Securities raised Ag Growth International from a hold rating to a buy rating and upped their price target for the stock from C$63.00 to C$72.00 in a research report on Friday, August 11th. National Bank Financial upped their price target on Ag Growth International from C$60.00 to C$70.00 and gave the stock an outperform rating in a research report on Friday, August 11th. Eight analysts have rated the stock with a buy rating, The company currently has a consensus rating of Buy and an average target price of C$65.57.
Shares of Ag Growth International (TSE AFN) opened at 52.13 on Monday. Ag Growth International has a 52 week low of $41.78 and a 52 week high of $60.26. The firm’s 50-day moving average price is $56.79 and its 200 day moving average price is $55.77. The stock has a market capitalization of $839.03 million and a P/E ratio of 28.50.
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In other news, Director Gary Keith Anderson sold 8,000 shares of the company’s stock in a transaction 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.
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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