Royal Bank Of Canada Trims Ag Growth International Inc (AFN) Target Price to C$60.00
Ag Growth International Inc (TSE:AFN) had its target price dropped by investment analysts at Royal Bank Of Canada from C$63.00 to C$60.00 in a report issued on Monday, November 13th. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 17.10% from the company’s current price.
Other research analysts also recently issued research reports about the stock. National Bank Financial raised their price target on shares of Ag Growth International from C$60.00 to C$70.00 and gave the company an “outperform” rating in a report on Friday, August 11th. Scotiabank cut their price target on shares of Ag Growth International from C$70.00 to C$65.00 and set an “outperform” rating on the stock in a report on Monday, September 18th. TD Securities upgraded shares of Ag Growth International from a “hold” rating to a “buy” rating and raised their price target for the company from C$63.00 to C$72.00 in a report on Friday, August 11th. Finally, Raymond James Financial, Inc. restated an “outperform” rating and set a C$63.00 price target on shares of Ag Growth International in a report on Thursday, September 28th. Eight analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of C$63.25.
Ag Growth International (TSE AFN) traded up C$0.33 during trading on Monday, hitting C$51.24. 60,992 shares of the stock were exchanged, compared to its average volume of 45,189. Ag Growth International has a fifty-two week low of C$47.08 and a fifty-two week high of C$60.26.
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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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