Ag Growth International Given Average Recommendation of “Buy” by Analysts (TSE:AFN)
Shares of Ag Growth International (TSE:AFN) have received an average recommendation of “Buy” from the ten brokerages that are covering the stock, Analyst Ratings Network.com reports. Five research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is C$50.00.
Several analysts have recently commented on the stock. Analysts at Scotiabank reiterated a “sector outperform” rating on shares of Ag Growth International in a research note on Tuesday, June 10th. Separately, 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. Finally, 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.
Ag Growth International (TSE:AFN) opened at 47.20 on Friday. Ag Growth International has a 1-year low of $34.07 and a 1-year high of $48.00. The stock has a 50-day moving average of $45.73 and a 200-day moving average of $45.24. The company has a market cap of $618.0 million and a price-to-earnings ratio of 28.75.
The company also recently declared a jun 14 dividend, which is scheduled for Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, June 26th.
Ag Growth International Inc conducts business in the grain handling, storage and conditioning market.
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