AGT Food and Ingredients Inc (TSE:AGT) – Cormark decreased their FY2018 EPS estimates for shares of AGT Food and Ingredients in a research note issued to investors on Friday. Cormark analyst K. Mcphee now expects that the company will post earnings per share of $1.85 for the year, down from their previous estimate of $2.12.

AGT has been the topic of a number of other research reports. National Bank Financial dropped their price target on shares of AGT Food and Ingredients from C$42.00 to C$36.00 in a report on Friday, May 5th. Raymond James Financial, Inc. dropped their price target on shares of AGT Food and Ingredients from C$35.00 to C$32.00 and set a “market perform” rating on the stock in a report on Wednesday, July 26th. BMO Capital Markets dropped their price target on shares of AGT Food and Ingredients from C$40.00 to C$35.00 in a report on Tuesday, May 9th. AltaCorp Capital reaffirmed a “sector perform” rating on shares of AGT Food and Ingredients in a report on Tuesday, May 9th. Finally, Scotiabank dropped their price target on shares of AGT Food and Ingredients from C$26.50 to C$26.00 and set a “sector perform” rating on the stock in a report on Friday. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. AGT Food and Ingredients currently has a consensus rating of “Hold” and a consensus target price of C$31.80.

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AGT Food and Ingredients (TSE AGT) opened at 23.71 on Monday. AGT Food and Ingredients has a 12-month low of $21.98 and a 12-month high of $39.57. The company’s 50-day moving average is $24.51 and its 200 day moving average is $28.80. The stock’s market capitalization is $574.64 million.

About AGT Food and Ingredients

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.

Earnings History and Estimates for AGT Food and Ingredients (TSE:AGT)

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