Ag Growth International (TSE:AFN) received a C$65.00 target price from investment analysts at National Bank Financial in a note issued to investors on Wednesday. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price objective would suggest a potential upside of 22.50% from the stock’s previous close.
Other research analysts have also issued reports about the stock. Laurentian Bank of Canada reduced their target price on shares of Ag Growth International from C$70.00 to C$63.00 in a research note on Monday, November 13th. Laurentian reduced their target price on shares of Ag Growth International from C$70.00 to C$63.00 in a research note on Monday, November 13th. TD Securities reduced their target price on shares of Ag Growth International from C$72.00 to C$68.00 and set an “action list buy” rating for the company in a research note on Monday, November 13th. Raymond James Financial dropped their price target on shares of Ag Growth International from C$63.00 to C$60.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 15th. Finally, Scotiabank dropped their price target on shares of Ag Growth International from C$65.00 to C$62.00 and set an “outperform” rating on the stock in a research report on Monday, November 13th. Eight equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of C$63.25.
Ag Growth International (TSE:AFN) traded down C$0.28 during trading on Wednesday, reaching C$53.06. 15,755 shares of the company’s stock were exchanged, compared to its average volume of 19,039. The firm has a market cap of $860.89, a price-to-earnings ratio of 35.14 and a beta of 1.29. Ag Growth International has a 52-week low of C$47.08 and a 52-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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