Ag Growth International Inc (TSE:AFN) Receives Average Recommendation of “Buy” from Analysts
Ag Growth International Inc (TSE:AFN) has been given an average recommendation of “Buy” by the eight brokerages that are presently covering the company. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$40.04.
A number of research analysts have recently weighed in on AFN shares. National Bank Financial raised their price target on Ag Growth International from C$40.00 to C$44.00 in a research report on Monday, July 18th. CIBC lifted their price objective on Ag Growth International from C$37.00 to C$42.00 in a research report on Friday, August 12th. Finally, Scotiabank reiterated a “sector perform” rating and set a C$40.00 price objective on shares of Ag Growth International in a research report on Thursday, June 9th.
Shares of Ag Growth International (TSE:AFN) traded down 1.565% during mid-day trading on Tuesday, hitting $43.085. 28,546 shares of the stock traded hands. The stock has a 50 day moving average price of $43.00 and a 200-day moving average price of $39.00. Ag Growth International has a one year low of $24.68 and a one year high of $44.61. The company’s market cap is $634.00 million.
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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