Raymond James Cuts Ag Growth International (TSE:AFN) Price Target to C$52.00

Ag Growth International (TSE:AFNGet Free Report) had its price target cut by Raymond James from C$62.00 to C$52.00 in a note issued to investors on Tuesday,BayStreet.CA reports. Raymond James’ price target suggests a potential upside of 25.30% from the stock’s current price.

A number of other research analysts have also recently issued reports on the company. Royal Bank of Canada reduced their price objective on Ag Growth International from C$80.00 to C$75.00 in a research note on Thursday, November 7th. CIBC lifted their price target on Ag Growth International from C$70.00 to C$72.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$67.25.

Read Our Latest Analysis on Ag Growth International

Ag Growth International Trading Up 0.5 %

Shares of AFN traded up C$0.21 during mid-day trading on Tuesday, reaching C$41.50. The company’s stock had a trading volume of 105,137 shares, compared to its average volume of 128,113. The company has a current ratio of 1.49, a quick ratio of 0.84 and a debt-to-equity ratio of 298.35. Ag Growth International has a 52 week low of C$39.80 and a 52 week high of C$64.51. The company’s fifty day moving average price is C$51.72 and its two-hundred day moving average price is C$52.78. The stock has a market cap of C$791.41 million, a PE ratio of 27.30, a P/E/G ratio of 1.30 and a beta of 2.29.

About Ag Growth International

(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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