Ag Growth International Inc (TSE:AFN) has been assigned a C$55.00 target price by investment analysts at TD Securities in a research report issued on Thursday. The firm presently has a “hold” rating on the stock. TD Securities’ price target indicates a potential downside of 0.27% from the company’s current price.

Other analysts have also recently issued reports about the company. Laurentian lowered their target price on Ag Growth International from C$63.00 to C$61.00 and set a “buy” rating on the stock in a research report on Thursday. Scotiabank set a C$56.00 target price on Ag Growth International and gave the company a “sector perform” rating in a research report on Thursday. Laurentian Bank of Canada raised their target price on Ag Growth International from C$56.00 to C$59.00 and gave the company a “buy” rating in a research report on Tuesday, November 22nd. CIBC raised their target price on Ag Growth International from C$44.00 to C$52.00 in a research report on Friday, November 11th. Finally, National Bank Financial raised their target price on Ag Growth International from C$54.00 to C$60.00 in a research report on Friday, December 16th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of C$54.89.

Analyst Recommendations for Ag Growth International (TSE:AFN)

Shares of Ag Growth International (TSE:AFN) traded down 2.72% during mid-day trading on Thursday, hitting $53.65. The stock had a trading volume of 39,301 shares. Ag Growth International has a 12-month low of $24.68 and a 12-month high of $57.69. The firm has a market cap of $792.14 million and a P/E ratio of 294.78. The company has a 50 day moving average price of $54.16 and a 200 day moving average price of $48.81.

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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.

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