AGT Food and Ingredients (AGT) Lowered to “Sector Perform” at National Bank Financial
National Bank Financial lowered shares of AGT Food and Ingredients (TSE:AGT) from an outperform rating to a sector perform rating in a research note published on Tuesday morning. National Bank Financial currently has C$18.00 target price on the stock, down from their prior target price of C$21.00.
Separately, BMO Capital Markets cut their price objective on shares of AGT Food and Ingredients from C$22.00 to C$20.00 in a research report on Friday, July 27th.
Shares of AGT stock opened at C$17.30 on Tuesday. The company has a current ratio of 1.98, a quick ratio of 0.76 and a debt-to-equity ratio of 162.17. AGT Food and Ingredients has a 12-month low of C$13.00 and a 12-month high of C$22.70.
AGT Food and Ingredients Inc produces and exports pulses, staple foods, and food ingredients worldwide. It operates through three segments: Pulse and Grain Processing; Bulk Handling and Distribution; and Food Ingredients and Packaged Foods. The company offers lentils, peas, chickpeas, beans, popcorn, canary seed, flax, and other specialty seeds.
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