Ag Growth International Inc (TSE:AFN) has been given a C$56.00 price objective by equities research analysts at Scotiabank in a report released on Thursday. The brokerage presently has a “sector perform” rating on the stock. Scotiabank’s target price suggests a potential upside of 1.54% from the stock’s previous close.

AFN has been the topic of several other research reports. CIBC raised shares of Ag Growth International from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from C$52.00 to C$60.00 in a research report on Thursday, January 12th. National Bank Financial boosted their target price on shares of Ag Growth International from C$54.00 to C$60.00 in a research report on Friday, December 16th. Laurentian Bank of Canada boosted their target price on shares of Ag Growth International from C$56.00 to C$59.00 and gave the stock a “buy” rating in a research report on Tuesday, November 22nd. TD Securities upped their price objective on shares of Ag Growth International from C$43.00 to C$52.00 and gave the company a “hold” rating in a report on Friday, November 11th. Finally, Laurentian upped their price objective on shares of Ag Growth International from C$56.00 to C$59.00 and gave the company a “buy” rating in a report on Tuesday, November 22nd. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of C$54.89.

Analyst Recommendations for Ag Growth International (TSE:AFN)

Shares of Ag Growth International (TSE:AFN) traded down 2.28% during mid-day trading on Thursday, hitting $53.89. 35,289 shares of the stock traded hands. The firm has a 50 day moving average of $54.16 and a 200 day moving average of $48.81. Ag Growth International has a 12 month low of $24.68 and a 12 month high of $57.69. The stock has a market cap of $795.69 million and a price-to-earnings ratio of 296.10.

This news story was published by Watch List News and is the property of of Watch List News. If you are viewing this news story on another website, it was illegally stolen and republished in violation of US & international copyright laws. The original version of this news story can be read at http://www.watchlistnews.com/ag-growth-international-inc-afn-pt-set-at-c56-00-by-scotiabank/1120780.html.

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.

Receive News & Ratings for Ag Growth International Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ag Growth International Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.