National Bank Financial Reaffirms Outperform Rating for Ag Growth International (AFN)
National Bank Financial reiterated their outperform rating on shares of Ag Growth International (TSE:AFN) in a research note issued to investors on Friday. They currently have a C$71.00 price objective on the stock.
Other equities research analysts have also issued reports about the stock. Cormark restated a buy rating and issued a C$75.00 price objective on shares of Ag Growth International in a report on Monday, August 27th. Raymond James boosted their price objective on shares of Ag Growth International from C$60.00 to C$65.00 and gave the stock an outperform rating in a report on Monday, August 13th. TD Securities boosted their price objective on shares of Ag Growth International from C$73.00 to C$80.00 and gave the stock an action list buy rating in a report on Friday, August 10th. Finally, Royal Bank of Canada boosted their price objective on shares of Ag Growth International from C$65.00 to C$70.00 and gave the stock an outperform rating in a report on Friday, August 10th. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of C$69.44.
Shares of Ag Growth International stock opened at C$57.13 on Friday. Ag Growth International has a 1 year low of C$47.08 and a 1 year high of C$64.72.
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 15th. Stockholders of record on Thursday, November 15th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, October 30th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.20%.
In other news, Director Gary Keith Anderson sold 10,600 shares of the business’s stock in a transaction that occurred on Wednesday, September 12th. The shares were sold at an average price of C$63.72, for a total value of C$675,432.00.
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 TA tapered auger vertical blend systems, high-tonnage conveying systems, distributors, bulk weigh hoppers, enclosed belt conveyors, bucket elevators, rail and truck probes, VIS micro dosing systems, chain conveyors, truss and towers, screw feeders and conveyors, and spout and connections.
Featured Story: What is dollar cost averaging (DCA)?
Receive News & Ratings for Ag Growth International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ag Growth International and related companies with MarketBeat.com's FREE daily email newsletter.