AGT Food and Ingredients Inc (TSE:AGT) had its target price cut by analysts at CIBC from C$32.00 to C$28.00 in a research note issued on Friday. CIBC’s price target would indicate a potential upside of 25.34% from the stock’s current price.

Other research analysts also recently issued reports about the company. Scotiabank reduced their target price on AGT Food and Ingredients from C$26.50 to C$26.00 and set a “sector perform” rating for the company in a research note on Friday, August 11th. Raymond James Financial, Inc. reduced their target price on AGT Food and Ingredients from C$32.00 to C$30.00 and set a “market perform” rating for the company in a research note on Friday, August 11th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of C$31.00.

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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.

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

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