Scotiabank Analysts Give Ag Growth International (AFN) a C$62.00 Price Target

Ag Growth International (TSE:AFN) has been assigned a C$62.00 price objective by research analysts at Scotiabank in a report released on Thursday. The firm currently has an “outperform” rating on the stock. Scotiabank’s target price would suggest a potential upside of 16.72% from the stock’s current price.

Other analysts have also issued reports about the stock. Laurentian Bank of Canada cut their price target on shares of Ag Growth International from C$70.00 to C$63.00 in a research note on Monday, November 13th. Laurentian cut their price target on shares of Ag Growth International from C$70.00 to C$63.00 in a research note on Monday, November 13th. TD Securities cut their price target on shares of Ag Growth International from C$72.00 to C$68.00 and set an “action list buy” rating on the stock in a research note on Monday, November 13th. National Bank Financial set a C$65.00 price target on shares of Ag Growth International and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Raymond James Financial cut their price target on shares of Ag Growth International from C$63.00 to C$60.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 15th. Eight investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Ag Growth International has an average rating of “Buy” and a consensus target price of C$63.25.

Shares of Ag Growth International (AFN) traded up C$0.06 on Thursday, reaching C$53.12. 35,107 shares of the company traded hands, compared to its average volume of 25,431. The stock has a market cap of $857.66, a price-to-earnings ratio of 35.18 and a beta of 1.29. Ag Growth International has a 12-month low of C$47.08 and a 12-month high of C$60.26.

In related news, insider Timothy Jackson Close acquired 1,298 shares of the stock in a transaction dated Tuesday, November 14th. The stock was acquired at an average cost of C$50.24 per share, with a total value of C$65,211.52. Also, Director Gary Keith Anderson sold 6,000 shares of the business’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of C$53.45, for a total value of C$320,700.00.

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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.

Analyst Recommendations for Ag Growth International (TSE:AFN)

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