Ag Growth International Inc. (TSE:AFN) Stock Has Average Price Target of C$21.89

Shares of Ag Growth International Inc. (TSE:AFN) have earned a consensus recommendation of “Hold” from the nine ratings firms that are covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is C$21.89.

AFN has been the subject of a number of analyst reports. National Bank Financial lowered their target price on shares of Ag Growth International from C$19.00 to C$11.00 and set a “sector perform” rating for the company in a research note on Thursday, October 15th. Royal Bank Of Canada cut their price target on shares of Ag Growth International from C$30.00 to C$20.00 and set an “outperform” rating on the stock in a research report on Friday, July 31st. ATB Cormark Capital Markets decreased their price target on Ag Growth International from C$18.00 to C$11.00 and set a “sector perform” rating for the company in a report on Thursday, October 1st. Desjardins decreased their price target on Ag Growth International from C$25.00 to C$20.00 and set a “buy” rating for the company in a report on Friday, July 31st. Finally, TD Securities lowered Ag Growth International from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th.

Ag Growth International Stock Down 0.4%

Shares of TSE AFN opened at C$9.22 on Wednesday. The company has a market capitalization of C$174.07 million, a P/E ratio of -1.48, a price-to-earnings-growth ratio of 1.30 and a beta of 1.73. Ag Growth International has a 52-week low of C$5.80 and a 52-week high of C$35.57. The company has a debt-to-equity ratio of 541.43, a quick ratio of 0.84 and a current ratio of 1.30. The company’s 50 day moving average price is C$10.39 and its 200-day moving average price is C$19.15.

About Ag Growth International

Ag Growth International Inc is a leading manufacturer and supplier of equipment and solutions for the agriculture, fertilizer, feed, food and commercial sectors. With manufacturing facilities and operations on six continents, AGI provides complete systems and services that support producers and processors throughout the agricultural value chain.