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Equities researchers at CIBC upped their target price on shares of Ag Growth International (TSE:AFN) from C$47.00 to C$51.00 in a research report issued on Wednesday. The firm currently has a “sector perform” rating on the stock. CIBC’s price target suggests a potential upside of 8.28% from the stock’s previous close.

Ag Growth International (TSE:AFN) traded up 0.73% on Wednesday, hitting $47.10. 8,696 shares of the company’s stock traded hands. Ag Growth International has a 52-week low of $35.01 and a 52-week high of $48.00. The stock has a 50-day moving average of $46.51 and a 200-day moving average of $45.95. The company has a market cap of $616.7 million and a price-to-earnings ratio of 28.86.

Several other analysts have also 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 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 investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Ag Growth International presently has a consensus rating of “Buy” and an average price target of C$50.50.

Ag Growth International Inc conducts business in the grain handling, storage and conditioning market.

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