Ag Growth International (TSE:AFN) Given a C$41.00 Price Target by TD Securities Analysts

Ag Growth International (TSE:AFN) has been given a C$41.00 price target by investment analysts at TD Securities in a report issued on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price objective points to a potential upside of 47.64% from the company’s previous close.

A number of other equities analysts have also recently issued reports on AFN. Desjardins dropped their price objective on shares of Ag Growth International from C$47.00 to C$40.00 and set a “buy” rating for the company in a research note on Monday. ATB Capital set a C$36.00 price target on shares of Ag Growth International and gave the stock an “outperform” rating in a research report on Monday. CIBC cut shares of Ag Growth International from an “outperform” rating to a “neutral” rating and cut their price target for the stock from C$58.00 to C$33.00 in a research note on Monday, November 17th. Royal Bank Of Canada downgraded Ag Growth International from a “moderate buy” rating to a “hold” rating and decreased their price objective for the company from C$50.00 to C$25.00 in a report on Monday, November 17th. Finally, Raymond James Financial raised Ag Growth International from a “hold” rating to a “moderate buy” rating and set a C$52.00 target price for the company in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$38.25.

Ag Growth International Stock Performance

Ag Growth International stock traded up C$1.02 during trading hours on Tuesday, hitting C$27.77. The stock had a trading volume of 222,145 shares, compared to its average volume of 232,698. The company has a 50-day moving average of C$24.10 and a two-hundred day moving average of C$34.27. The company has a quick ratio of 0.84, a current ratio of 1.41 and a debt-to-equity ratio of 277.31. Ag Growth International has a fifty-two week low of C$17.93 and a fifty-two week high of C$44.84. The company has a market cap of C$522.33 million, a PE ratio of -57.85, a price-to-earnings-growth ratio of 1.30 and a beta of 0.76.

Ag Growth International (TSE:AFN) last announced its quarterly earnings data on Thursday, January 8th. The company reported C$0.80 earnings per share for the quarter. The company had revenue of C$389.43 million for the quarter. Ag Growth International had a return on equity of 7.48% and a net margin of 1.71%. On average, equities research analysts anticipate that Ag Growth International will post 6.5761006 EPS for the current fiscal year.

Key Headlines Impacting Ag Growth International

Here are the key news stories impacting Ag Growth International this week:

• Positive Sentiment: National Bankshares raised its price target to C$39 (from C$37) and kept an “outperform” rating, implying roughly ~46% upside from the reference price. BayStreet.CA
• Positive Sentiment: ATB Capital set a C$36 target and an “outperform” rating (about ~35% upside), another bullish analyst call supporting the move. BayStreet.CA TickerReport
• Positive Sentiment: Raymond James upgraded Ag Growth (coverage/action reported), adding institutional support to the buy-side narrative. Ag Growth International Upgraded at Raymond James Financial
• Neutral Sentiment: Cormark initiated coverage with a C$35 price target and a “hold” rating (~26% upside), a more cautious view that tempers some of the bullishness. BayStreet.CA Zacks.com
• Negative Sentiment: Desjardins cut its price target from C$47 to C$40 but left a “buy” rating—reducing upside expectations relative to its prior view, which signals some moderation in analyst optimism. BayStreet.CA

About Ag Growth International

Ag Growth International Inc manufactures portable and stationary grain handling, storage, and conditioning equipment, including augers, belt conveyors, grain storage bins, grain handling accessories, grain aeration equipment, and grain drying systems. The company operates mainly in Portable handling, permanent handling, storage and conditioning, livestock, and manufacturing sectors. Some of its brands are batco, wheatheart, westfield, storm, rem, hi roller, union iron, hsi, tramco, ptm, vis, nuvision, twister, grain guard, airlanco, westeel, frame, and entringer.