Ag Growth International Inc (AFN) PT Raised to C$44.00 at CIBC
Ag Growth International Inc (TSE:AFN) had its price objective lifted by equities researchers at CIBC from C$42.00 to C$44.00 in a report issued on Tuesday, StockTargetPrices.com reports. CIBC’s price target suggests a potential downside of 4.47% from the company’s previous close.
AFN has been the subject of several other research reports. RBC Capital Markets set a C$50.00 price target on Ag Growth International and gave the stock an “outperform” rating in a research note on Wednesday, October 5th. Royal Bank Of Canada restated an “outperform” rating and issued a C$50.00 price objective on shares of Ag Growth International in a report on Wednesday, October 5th. Finally, National Bank Financial upped their price objective on Ag Growth International from C$40.00 to C$44.00 in a report on Monday, July 18th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of C$42.53.
Ag Growth International (TSE:AFN) traded up 0.56% during mid-day trading on Tuesday, reaching $46.32. The company’s stock had a trading volume of 18,070 shares. The firm has a 50-day moving average of $43.86 and a 200 day moving average of $40.31. Ag Growth International has a 1-year low of $24.68 and a 1-year high of $46.32. The firm’s market capitalization is $681.60 million.
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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.
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