Research analysts at Scotiabank cut their target price on shares of Ag Growth International (TSE: AFN) from $38.00 to $37.00 in a report released on Monday.

Shares of Ag Growth International (TSE: AFN) traded up 0.52% during mid-day trading on Monday, hitting $32.65. Ag Growth International has a one year low of $27.80 and a one year high of $41.95. The stock’s 50-day moving average is currently $34.44. The company has a market cap of $405.0 million and a P/E ratio of 17.01.

Other equities research analysts have also recently issued reports about the stock. 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. 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. 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. They now have a $35.50 price target on the stock, down previously from $36.50.

The company also recently announced a mar 13 dividend, which is scheduled for Tuesday, April 30th. Stockholders 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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