Ag Growth International Inc (TSE:AFN) had its price target lowered by stock analysts at Raymond James Financial, Inc. from C$63.00 to C$60.00 in a report released on Wednesday. The firm currently has an “outperform” rating on the stock. Raymond James Financial, Inc.’s target price suggests a potential upside of 18.98% from the company’s current price.
Several other research analysts have also recently issued reports on the company. Scotiabank cut their target price on 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. TD Securities raised Ag Growth International from a “hold” rating to a “buy” rating and boosted their price objective for the stock from C$63.00 to C$72.00 in a research report on Friday, August 11th. Royal Bank Of Canada cut their price objective on 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. Laurentian cut their price objective on Ag Growth International from C$70.00 to C$63.00 in a research report on Monday. Finally, Laurentian Bank of Canada cut their price objective on Ag Growth International from C$70.00 to C$63.00 in a research report on Monday. Eight analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Ag Growth International presently has a consensus rating of “Buy” and a consensus target price of C$63.25.
Ag Growth International (TSE AFN) opened at C$50.43 on Wednesday. Ag Growth International has a 1 year low of C$47.08 and a 1 year high of C$60.26.
TRADEMARK VIOLATION WARNING: “Raymond James Financial, Inc. Lowers Ag Growth International Inc (AFN) Price Target to C$60.00” was posted by Transcript Daily and is the property of of Transcript Daily. If you are reading this story on another domain, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this story can be read at https://transcriptdaily.com/2017/11/17/raymond-james-financial-inc-lowers-ag-growth-international-inc-afn-price-target-to-c60-00.html.
In other news, insider Timothy Jackson Close bought 1,298 shares of the stock in a transaction on Tuesday, November 14th. The shares were purchased at an average cost of C$50.24 per share, for a total transaction of C$65,211.52.
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.
Receive News & Ratings for Ag Growth International Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ag Growth International Inc and related companies with MarketBeat.com's FREE daily email newsletter.