Ag Growth International Inc (TSE:AFN) was upgraded by TD Securities from a “hold” rating to a “buy” rating in a report released on Friday. The firm currently has a C$72.00 target price on the stock, up from their previous target price of C$63.00. TD Securities’ price objective points to a potential upside of 24.72% from the stock’s current price.

AFN has been the topic of several other research reports. Scotiabank increased their price objective on shares of Ag Growth International from C$56.00 to C$65.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 26th. Royal Bank Of Canada raised their target price on shares of Ag Growth International from C$58.00 to C$60.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 26th. CIBC raised their target price on shares of Ag Growth International from C$63.00 to C$65.00 in a research note on Wednesday, May 10th. Finally, AltaCorp Capital restated an “outperform” rating on shares of Ag Growth International in a research note on Tuesday, May 2nd. Eight research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average target price of C$66.29.

Shares of Ag Growth International (TSE AFN) traded up 0.12% during trading on Friday, reaching $57.80. 49,441 shares of the company traded hands. Ag Growth International has a 52 week low of $40.91 and a 52 week high of $60.26. The company’s 50-day moving average price is $56.75 and its 200-day moving average price is $55.23. The company has a market capitalization of $927.23 million and a P/E ratio of 46.50.

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Ag Growth International Company Profile

Ag Growth International Inc, together with its subsidiaries, manufactures and distributes grain handling, storage, and conditioning equipment in Canada, the United States, and internationally. The company offers portable handling equipment, such as portable augers, portable belt conveyors, grainvacs, and storm seed treaters; and permanent handling equipment, including enclosed belt conveyors, chain conveyors, bucket elevators, truss and towers, distributors, rail and truck probes, custom configured belt conveyors, screw feders and conveyors, bulk weigh hoppers, VIS micro dosing systems, TA tapered auger vertical blend systems, and spout and connections.

Analyst Recommendations for Ag Growth International (TSE:AFN)

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