AGT Food and Ingredients Inc (AGT) Set to Announce Earnings on Wednesday
AGT Food and Ingredients Inc (TSE:AGT) is scheduled to release its earnings data after the market closes on Wednesday, March 22nd. Analysts expect AGT Food and Ingredients to post earnings of $0.64 per share for the quarter.
Shares of AGT Food and Ingredients Inc (TSE:AGT) opened at 31.64 on Tuesday. The firm has a market cap of $757.08 million and a P/E ratio of 14.76. The company’s 50 day moving average price is $33.83 and its 200-day moving average price is $35.98. AGT Food and Ingredients Inc has a 12-month low of $31.26 and a 12-month high of $42.16.
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A number of research analysts have recently commented on the company. Scotiabank reiterated a “sector perform” rating and issued a C$38.00 price objective on shares of AGT Food and Ingredients in a report on Thursday, December 22nd. Raymond James Financial, Inc. reiterated a “strong-buy” rating and issued a C$46.00 price objective on shares of AGT Food and Ingredients in a report on Monday, February 27th. CIBC increased their price objective on AGT Food and Ingredients from C$41.00 to C$42.00 and gave the company an “outperform” rating in a report on Thursday, January 12th. Finally, AltaCorp Capital reiterated an “outperform” rating on shares of AGT Food and Ingredients in a report on Wednesday, March 8th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. AGT Food and Ingredients currently has an average rating of “Buy” and a consensus target price of C$42.60.
AGT Food and Ingredients Company Profile
AGT Food and Ingredients Inc (AGT), formerly Alliance Grain Traders Inc, is a processor and splitter of pulse crops. The Company is engaged in pulse and staple food processing and distribution, with processing facilities and sales offices located around the world. It operates in three segments: Pulse and Grain Processing, which includes the operations of AGT subsidiaries and facilities in Canada, the United States, Australia, China and a portion of the operations in Turkey; Trading and Distribution, which includes operations in Europe, Russia, India and a portion of the operations in Canada, Turkey and Australia, and Food Ingredients and Packaged Foods, which include subsidiaries and facilities in the United States, Canada, South Africa and a portion of the operations in Turkey.
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