Ag Growth International (TSE:AFN) PT Set at C$36.00 by ATB Capital

Ag Growth International (TSE:AFN) has been given a C$36.00 price target by investment analysts at ATB Capital in a research note issued to investors on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. ATB Capital’s price target suggests a potential upside of 30.96% from the stock’s previous close.

A number of other equities research analysts also recently weighed in on the stock. Royal Bank Of Canada downgraded shares of Ag Growth International from a “moderate buy” rating to a “hold” rating and reduced their price target for the company from C$50.00 to C$25.00 in a research note on Monday, November 17th. Desjardins lowered their price objective on shares of Ag Growth International from C$49.00 to C$47.00 and set a “buy” rating for the company in a research report on Monday, October 27th. National Bankshares cut their target price on shares of Ag Growth International from C$49.00 to C$37.00 and set an “outperform” rating on the stock in a research report on Monday, December 1st. Cormark set a C$35.00 target price on shares of Ag Growth International and gave the stock a “hold” rating in a research note on Monday. Finally, Cibc Captl Mkts downgraded shares of Ag Growth International from a “strong-buy” rating to a “hold” rating in a report on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$38.25.

Ag Growth International Price Performance

Ag Growth International stock opened at C$27.49 on Monday. The company has a debt-to-equity ratio of 277.31, a quick ratio of 0.84 and a current ratio of 1.41. Ag Growth International has a 52 week low of C$17.93 and a 52 week high of C$44.84. The stock has a market capitalization of C$517.06 million, a P/E ratio of -57.27, a price-to-earnings-growth ratio of 1.30 and a beta of 0.76. The stock has a fifty day moving average of C$23.96 and a 200-day moving average of C$34.18.

Ag Growth International (TSE:AFN) last released its quarterly earnings data on Thursday, January 8th. The company reported C$0.80 earnings per share for the quarter. Ag Growth International had a return on equity of 7.48% and a net margin of 1.71%.The business had revenue of C$389.43 million for the quarter. On average, sell-side analysts expect that Ag Growth International will post 6.5761006 earnings per share for the current fiscal year.

Trending Headlines about Ag Growth International

Here are the key news stories impacting Ag Growth International this week:

• Positive Sentiment: TD Securities started coverage with a C$41.00 price target and a “buy” rating (~47% upside from the reference price), a high-profile bullish call that can attract buyers. Read More.Read More.
• Positive Sentiment: National Bankshares raised its target to C$39.00 and kept an “outperform” stance (~46% upside), reinforcing buy-side interest from institutional analysts. Read More.
• Positive Sentiment: ATB Capital set a new C$36.00 target with an “outperform” rating (~35% upside), another incremental endorsement that supports momentum. Read More.Read More.
• Positive Sentiment: Raymond James upgraded Ag Growth, adding to the string of positive analyst moves that likely helped buying pressure. Read More.
• Neutral Sentiment: Royal Bank of Canada raised its target from C$25 to C$30 but maintained a “sector perform” rating (~7.7% upside) — a modest lift but less emphatic than buy/outperform calls. Read More.
• Neutral Sentiment: Cormark issued a new C$35.00 target with a “hold” rating (~27% upside) — signals cautious optimism but not a clear buy trigger. Read More.Read More.
• Negative Sentiment: Desjardins trimmed its target from C$47.00 to C$40.00 while keeping a “buy” rating — a downgrade of upside expectations that could temper some enthusiasm despite the continued buy stance. Read More.

Ag Growth International Company Profile

Ag Growth International Inc manufactures portable and stationary grain handling, storage, and conditioning equipment, including augers, belt conveyors, grain storage bins, grain handling accessories, grain aeration equipment, and grain drying systems. The company operates mainly in Portable handling, permanent handling, storage and conditioning, livestock, and manufacturing sectors. Some of its brands are batco, wheatheart, westfield, storm, rem, hi roller, union iron, hsi, tramco, ptm, vis, nuvision, twister, grain guard, airlanco, westeel, frame, and entringer.