Ag Growth International (AFN) Given New C$73.00 Price Target at TD Securities
Ag Growth International (TSE:AFN) had its price objective boosted by TD Securities from C$68.00 to C$73.00 in a report released on Friday. The brokerage presently has an “action list buy” rating on the stock. TD Securities’ price objective suggests a potential upside of 32.49% from the company’s current price.
Several other research firms have also weighed in on AFN. Scotiabank reduced their price objective on Ag Growth International from C$70.00 to C$65.00 and set an “outperform” rating on the stock in a research note on Monday, September 18th. National Bank Financial set a C$65.00 price objective on Ag Growth International and gave the company an “outperform” rating in a research note on Wednesday. Royal Bank of Canada reduced their price objective on Ag Growth International from C$63.00 to C$60.00 and set an “outperform” rating on the stock in a research note on Monday, November 13th. Laurentian reduced their price target on Ag Growth International from C$70.00 to C$63.00 in a research report on Monday, November 13th. Finally, Raymond James Financial reissued an “outperform” rating and set a C$63.00 price target on shares of Ag Growth International in a research report on Thursday, September 28th. Eight investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of C$63.88.
Ag Growth International (AFN) traded up C$1.31 during midday trading on Friday, hitting C$55.10. The stock had a trading volume of 101,925 shares, compared to its average volume of 52,163. The firm has a market cap of $868.48, a price-to-earnings ratio of 36.49 and a beta of 1.29. Ag Growth International has a fifty-two week low of C$47.08 and a fifty-two week high of C$60.26.
Ag Growth International Company Profile
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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