Ag Growth International Inc (AFN) Price Target Cut to C$60.00 by Analysts at Royal Bank Of Canada
Ag Growth International Inc (TSE:AFN) had its target price lowered by Royal Bank Of Canada from C$63.00 to C$60.00 in a report released on Monday morning. The firm currently has an outperform rating on the stock.
Other research analysts have also issued reports about the company. National Bank Financial increased their price objective on Ag Growth International from C$60.00 to C$70.00 and gave the stock an outperform rating in a research note on Friday, August 11th. Scotiabank dropped their price objective on Ag Growth International from C$70.00 to C$65.00 and set an outperform rating for the company in a research note on Monday, September 18th. TD Securities upgraded Ag Growth International from a hold rating to a buy rating and increased their price objective for the stock from C$63.00 to C$72.00 in a research note on Friday, August 11th. Finally, Raymond James Financial, Inc. reiterated an outperform rating and set a C$63.00 price objective on shares of Ag Growth International in a research note on Thursday, September 28th. Eight research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of Buy and a consensus target price of C$63.63.
Ag Growth International (TSE:AFN) traded up C$0.91 during trading on Monday, reaching C$50.83. The company’s stock had a trading volume of 129,497 shares, compared to its average volume of 45,715. Ag Growth International has a 1 year low of C$47.08 and a 1 year high of C$60.26.
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In other news, Director Gary Keith Anderson sold 8,000 shares of the stock in a transaction on Thursday, August 17th. The stock was sold at an average price of C$58.54, for a total transaction of C$468,320.00.
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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