Ag Growth International Receives Sector Outperform Rating from Scotiabank (AFN)
Ag Growth International (TSE:AFN) traded up 0.37% during mid-day trading on Tuesday, hitting $46.33. 14,070 shares of the company’s stock traded hands. Ag Growth International has a one year low of $33.83 and a one year high of $48.00. The stock has a 50-day moving average of $45.42 and a 200-day moving average of $44.98. The company has a market cap of $606.6 million and a price-to-earnings ratio of 28.49.
The company also recently announced a jun 14 dividend, which is scheduled for Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $0.20 per share.
Several other analysts have also recently commented on the stock. Analysts at CIBC reiterated a “sector perform” rating on shares of Ag Growth International in a research note on Friday, May 16th. They now have a C$47.00 price target on the stock, up previously from C$46.50. Separately, analysts at LB Securities raised their price target on shares of Ag Growth International from C$45.50 to C$49.25 in a research note on Thursday, May 15th. They now have a “hold” rating on the stock. Finally, analysts at Laurentian raised their price target on shares of Ag Growth International from C$45.50 to C$49.25 in a research note on Thursday, May 15th. They now have a “hold” rating on the stock. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$50.00.
Ag Growth International Inc conducts business in the grain handling, storage and conditioning market.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.