Ag Growth International (AFN) Price Target Increased to C$70.00 by Analysts at CIBC

Ag Growth International (TSE:AFN) had its price objective raised by CIBC from C$65.00 to C$70.00 in a research note published on Wednesday.

Other equities analysts also recently issued reports about the stock. Scotiabank lowered their target price on shares of Ag Growth International from C$70.00 to C$65.00 and set an outperform rating on the stock in a research report on Monday, September 18th. Raymond James Financial reissued an outperform rating and set a C$63.00 target price on shares of Ag Growth International in a research report on Thursday, September 28th. Royal Bank of Canada lowered their target price on shares of Ag Growth International from C$65.00 to C$63.00 and set an outperform rating on the stock in a research report on Tuesday, October 31st. National Bank Financial lowered their target price on shares of Ag Growth International from C$70.00 to C$65.00 and set an outperform rating on the stock in a research report on Monday, November 13th. Finally, TD Securities lowered their target price on shares of Ag Growth International from C$72.00 to C$68.00 and set an action list buy rating on the stock in a research report on Monday, November 13th. Eight research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Ag Growth International currently has an average rating of Buy and an average price target of C$64.50.

Shares of Ag Growth International (TSE:AFN) traded up C$0.04 during trading hours on Wednesday, hitting C$58.10. The company had a trading volume of 43,900 shares, compared to its average volume of 44,668. Ag Growth International has a twelve month low of C$47.08 and a twelve month high of C$60.26. The stock has a market capitalization of $938.54, a price-to-earnings ratio of 38.48 and a beta of 1.29.

In other Ag Growth International news, insider Timothy Jackson Close purchased 1,298 shares of the stock in a transaction dated Tuesday, November 14th. The shares were bought at an average cost of C$50.24 per share, with a total value of C$65,211.52. Also, Director Gary Keith Anderson sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of C$53.45, for a total value of C$320,700.00.

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Ag Growth International Company Profile

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.

Analyst Recommendations for Ag Growth International (TSE:AFN)

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