Ag Growth International (TSE:AFN) Given New C$77.00 Price Target at TD Securities

Ag Growth International (TSE:AFNGet Free Report) had its price target lowered by stock analysts at TD Securities from C$79.00 to C$77.00 in a research note issued to investors on Monday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 44.06% from the stock’s current price.

Several other equities research analysts have also recently weighed in on AFN. Desjardins cut their price objective on shares of Ag Growth International from C$86.00 to C$78.00 and set a “buy” rating for the company in a research report on Wednesday, May 1st. Scotiabank dropped their target price on shares of Ag Growth International from C$88.00 to C$75.00 and set an “outperform” rating for the company in a report on Wednesday, May 1st. National Bankshares dropped their target price on shares of Ag Growth International from C$82.00 to C$77.00 and set an “outperform” rating for the company in a report on Wednesday, May 1st. Finally, ATB Capital dropped their target price on shares of Ag Growth International from C$85.00 to C$81.00 and set an “outperform” rating for the company in a report on Tuesday, April 30th. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$77.56.

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Ag Growth International Price Performance

AFN traded down C$0.54 on Monday, hitting C$53.45. 342,232 shares of the stock were exchanged, compared to its average volume of 61,510. Ag Growth International has a 12 month low of C$45.96 and a 12 month high of C$64.51. The business has a 50-day moving average of C$53.01 and a two-hundred day moving average of C$55.53. The company has a debt-to-equity ratio of 298.35, a current ratio of 1.49 and a quick ratio of 0.84. The firm has a market capitalization of C$1.02 billion, a price-to-earnings ratio of 35.93, a PEG ratio of 1.30 and a beta of 2.37.

Ag Growth International Company Profile

(Get Free Report)

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.

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Analyst Recommendations for Ag Growth International (TSE:AFN)

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