Shares of AGT Food and Ingredients Inc. (TSE:AGT) have been given a consensus recommendation of “Hold” by the six brokerages that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$24.00.

A number of equities research analysts recently commented on AGT shares. CIBC decreased their target price on AGT Food and Ingredients from C$28.00 to C$24.00 in a research report on Tuesday, November 7th. BMO Capital Markets reduced their price objective on AGT Food and Ingredients from C$35.00 to C$27.50 in a research note on Tuesday, November 7th. Raymond James Financial reduced their price objective on AGT Food and Ingredients from C$32.00 to C$30.00 and set a “market perform” rating on the stock in a research note on Friday, August 11th. National Bank Financial reduced their price objective on AGT Food and Ingredients from C$33.00 to C$25.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 7th. Finally, Scotiabank reduced their price objective on AGT Food and Ingredients from C$23.00 to C$21.50 and set a “sector perform” rating on the stock in a research note on Tuesday, November 7th.

Shares of AGT Food and Ingredients (AGT) opened at C$20.05 on Friday. AGT Food and Ingredients has a 52-week low of C$17.85 and a 52-week high of C$37.46.

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About AGT Food and Ingredients

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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