Ag Growth International Inc (AFN) Receives Average Recommendation of “Buy” from Analysts
Shares of Ag Growth International Inc (TSE:AFN) have received a consensus rating of “Buy” from the nine ratings firms that are currently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$63.25.
AFN has been the subject of a number of research analyst reports. Scotiabank lowered their price target on Ag Growth International from C$70.00 to C$65.00 and set an “outperform” rating for the company in a report on Monday, September 18th. Royal Bank of Canada lowered their target price on Ag Growth International from C$63.00 to C$60.00 and set an “outperform” rating for the company in a report on Monday, November 13th. Laurentian lowered their target price on Ag Growth International from C$70.00 to C$63.00 in a report on Monday, November 13th. TD Securities lowered their target price on Ag Growth International from C$72.00 to C$68.00 and set an “action list buy” rating for the company in a report on Monday, November 13th. Finally, National Bank Financial lowered their target price on Ag Growth International from C$70.00 to C$65.00 and set an “outperform” rating for the company in a report on Monday, November 13th.
Ag Growth International (TSE:AFN) traded down C$0.12 during trading on Thursday, hitting C$53.30. The stock had a trading volume of 38,791 shares, compared to its average volume of 45,132. Ag Growth International has a 12 month low of C$47.08 and a 12 month high of C$60.26.
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Ag Growth International Company Profile
Ag Growth International Inc, together with its subsidiaries, manufactures and distributes grain handling, storage, and conditioning equipment in Canada, the United States, and internationally. The company offers portable handling equipment, such as portable augers, portable belt conveyors, grainvacs, and storm seed treaters; and permanent handling equipment, including enclosed belt conveyors, chain conveyors, bucket elevators, truss and towers, distributors, rail and truck probes, custom configured belt conveyors, screw feders and conveyors, bulk weigh hoppers, VIS micro dosing systems, TA tapered auger vertical blend systems, and spout and connections.
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