Ag Growth International (TSE:AFN) Downgraded by Atb Cap Markets to Hold

Ag Growth International (TSE:AFN) was downgraded by equities researchers at Atb Cap Markets from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports. Atb Cap Markets also issued estimates for Ag Growth International’s Q2 2026 earnings at $1.33 EPS and FY2027 earnings at $6.61 EPS.

Other analysts have also recently issued research reports about 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 report on Thursday, November 7th. Raymond James lowered their price target on Ag Growth International from C$62.00 to C$52.00 in a research note on Tuesday. TD Securities cut their price objective on shares of Ag Growth International from C$73.00 to C$57.00 and set a “buy” rating on the stock in a research report on Tuesday. CIBC decreased their target price on shares of Ag Growth International from C$72.00 to C$61.00 in a research report on Tuesday. Finally, ATB Capital downgraded shares of Ag Growth International from an “outperform” rating to a “sector perform” rating and cut their price target for the company from C$79.00 to C$63.00 in a report on Tuesday. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$67.25.

Ag Growth International Stock Performance

Shares of AFN opened at C$39.78 on Tuesday. The company’s 50 day moving average price is C$51.28 and its 200 day moving average price is C$52.61. The company has a market capitalization of C$758.60 million, a PE ratio of 26.17, a PEG ratio of 1.30 and a beta of 2.29. Ag Growth International has a 52 week low of C$39.69 and a 52 week high of C$64.51. The company has a debt-to-equity ratio of 298.35, a quick ratio of 0.84 and a current ratio of 1.49.

Ag Growth International Company Profile

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.