Ag Growth International Downgraded to Sector Perform at Scotiabank (AFN)
A number of other firms have also recently commented on AFN. Analysts at National Bank of Greece upgraded shares of Ag Growth International from an underperform rating to a sector perform rating in a research note to investors on Friday, March 15th. Separately, analysts at CIBC cut their price target on shares of Ag Growth International from $36.00 to $33.00 in a research note to investors on Friday, March 15th. They now have a sector perform rating on the stock. Finally, analysts at Laurentian upgraded shares of Ag Growth International from a hold rating to a buy rating in a research note to investors on Friday, March 15th. They now have a $35.50 price target on the stock, down previously from $36.50.
One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of $33.83.
Ag Growth International (TSE: AFN) opened at 32.75 on Wednesday. Ag Growth International has a 52-week low of $32.25 and a 52-week high of $33.78. The stock’s 50-day moving average is currently $32.5. The company has a market cap of $406.3 million and a price-to-earnings ratio of 23.58.
The company also recently announced a mar 13 dividend, which is scheduled for Tuesday, April 30th. Shareholders of record on Thursday, March 28th will be paid a dividend of $0.20 per share.
Ag Growth International Inc. conducts business in the grain handling, storage and conditioning market.
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