Ag Growth International Inc (AFN) Price Target Lowered to C$62.00 at Scotiabank
Ag Growth International Inc (TSE:AFN) had its price target decreased by Scotiabank from C$65.00 to C$62.00 in a research note published on Monday morning. Scotiabank currently has an outperform rating on the stock.
Several other brokerages also recently commented on AFN. Royal Bank Of Canada reduced their price objective on shares of Ag Growth International from C$63.00 to C$60.00 and set an outperform rating for the company in a research report on Monday. National Bank Financial raised their price objective on shares of 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. TD Securities raised shares of Ag Growth International from a hold rating to a buy rating and raised their price objective for the stock from C$63.00 to C$72.00 in a research report on Friday, August 11th. Laurentian reduced their price objective on shares of Ag Growth International from C$70.00 to C$63.00 in a research report on Monday. Finally, Raymond James Financial, Inc. reaffirmed an outperform rating and set a C$63.00 price objective on shares of Ag Growth International in a research report on Thursday, September 28th. Eight analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of Buy and an average target price of C$63.63.
Shares of Ag Growth International (TSE AFN) traded up C$0.91 during mid-day trading on Monday, hitting C$50.83. 129,497 shares of the stock traded hands, compared to its average volume of 45,715. Ag Growth International has a one year low of C$47.08 and a one year high of C$60.26.
In related news, Director Gary Keith Anderson sold 8,000 shares of Ag Growth International stock in a transaction on Thursday, August 17th. The shares were sold at an average price of C$58.54, for a total value of C$468,320.00.
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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