Scotiabank Cuts Ag Growth International Inc (AFN) Price Target to C$65.00

Ag Growth International Inc (TSE:AFN) had its price objective reduced by Scotiabank from C$70.00 to C$65.00 in a research report sent to investors on Monday morning, StockTargetPrices.com reports. They currently have an outperform rating on the stock.

Other equities analysts have also issued research reports about the stock. National Bank Financial raised their price objective on shares of Ag Growth International from C$60.00 to C$70.00 and gave the company an outperform rating in a research report on Friday, August 11th. TD Securities raised shares of Ag Growth International from a hold rating to a buy rating and raised their price objective for the company from C$63.00 to C$72.00 in a research report on Friday, August 11th. Eight equities research analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and an average target price of C$65.57.

Shares of Ag Growth International (TSE:AFN) opened at 52.06 on Monday. Ag Growth International has a one year low of $41.78 and a one year high of $60.26. The stock has a market cap of $837.91 million and a P/E ratio of 28.46. The stock has a 50 day moving average of $56.79 and a 200 day moving average of $55.77.

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In related news, Director Gary Keith Anderson sold 8,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of C$58.54, for a total transaction of C$468,320.00.

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.

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Analyst Recommendations for Ag Growth International (TSE:AFN)

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