Ag Growth International Inc (AFN) PT Raised to C$44.00
Ag Growth International Inc (TSE:AFN) had its target price raised by investment analysts at CIBC from C$42.00 to C$44.00 in a research report issued to clients and investors on Tuesday. CIBC’s target price would suggest a potential downside of 5.48% from the stock’s previous close.
Other equities analysts have also issued reports about the company. National Bank Financial upped their target price on Ag Growth International from C$40.00 to C$44.00 in a research note on Monday, July 18th. RBC Capital Markets set a C$50.00 target price on Ag Growth International and gave the stock an “outperform” rating in a research note on Wednesday, October 5th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a C$50.00 target price on shares of Ag Growth International in a research note on Wednesday, October 5th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of C$42.53.
Ag Growth International (TSE:AFN) opened at 46.55 on Tuesday. Ag Growth International has a 52-week low of $24.68 and a 52-week high of $46.77. The firm has a 50-day moving average price of $44.09 and a 200-day moving average price of $40.40. The company’s market cap is $684.98 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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