Ag Growth International Inc (TSE:AFN)‘s stock had its “outperform” rating reissued by analysts at Royal Bank Of Canada in a report issued on Wednesday, StockTargetPrices.com reports. They presently have a C$50.00 price target on the stock. Royal Bank Of Canada’s target price points to a potential upside of 14.10% from the company’s previous close.
Other analysts also recently issued reports about the company. Scotiabank reaffirmed a “sector perform” rating and set a C$40.00 price target on shares of Ag Growth International in a research report on Thursday, June 9th. CIBC increased their price target on Ag Growth International from C$37.00 to C$42.00 in a research report on Friday, August 12th. Finally, National Bank Financial increased their price target on Ag Growth International from C$40.00 to C$44.00 in a research report on Monday, July 18th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Ag Growth International currently has an average rating of “Buy” and a consensus price target of C$41.18.
Ag Growth International (TSE:AFN) traded up 1.03% during mid-day trading on Wednesday, hitting $44.27. The stock had a trading volume of 13,578 shares. The company’s market cap is $651.43 million. The firm’s 50-day moving average is $43.51 and its 200 day moving average is $40.05. Ag Growth International has a 12 month low of $24.68 and a 12 month high of $44.61.
About Ag Growth International
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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