Ag Growth International (TSE:AFN) had its price objective lifted by equities researchers at TD Securities from C$73.00 to C$75.00 in a research report issued on Friday. The brokerage currently has an “action list buy” rating on the stock. TD Securities’ price target indicates a potential upside of 24.63% from the company’s previous close.

A number of other equities analysts have also commented on the company. National Bank Financial dropped their price objective on Ag Growth International from C$70.00 to C$65.00 and set an “outperform” rating on the stock in a research note on Monday, November 13th. Laurentian dropped their price objective on Ag Growth International from C$70.00 to C$63.00 in a research note on Monday, November 13th. Royal Bank of Canada dropped their price objective on Ag Growth International from C$63.00 to C$60.00 and set an “outperform” rating on the stock in a research note on Monday, November 13th. Laurentian Bank of Canada dropped their price objective on Ag Growth International from C$70.00 to C$63.00 in a research note on Monday, November 13th. Finally, Scotiabank dropped their price objective on Ag Growth International from C$65.00 to C$62.00 and set an “outperform” rating on the stock in a research note on Monday, November 13th. Eight analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Ag Growth International currently has a consensus rating of “Buy” and a consensus target price of C$64.75.

Ag Growth International (AFN) opened at C$60.18 on Friday. The company has a market capitalization of $972.14, a PE ratio of 39.85 and a beta of 1.29. Ag Growth International has a 12 month low of C$47.08 and a 12 month high of C$60.63.

Ag Growth International (TSE:AFN) last posted its quarterly earnings data on Friday, November 10th. The company reported C$0.79 EPS for the quarter, missing analysts’ consensus estimates of C$1.01 by C($0.22). Ag Growth International had a return on equity of 20.81% and a net margin of 7.54%.

In related news, insider Timothy Jackson Close acquired 1,298 shares of the firm’s stock in a transaction on Tuesday, November 14th. The shares were bought at an average cost of C$50.24 per share, with a total value of C$65,211.52. Also, Director Gary Keith Anderson sold 6,000 shares of Ag Growth International stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of C$53.45, for a total value of C$320,700.00.

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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.

Analyst Recommendations for Ag Growth International (TSE:AFN)

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