Ag Growth International Inc (AFN) Earns “Outperform” Rating from Raymond James Financial, Inc.
Raymond James Financial, Inc. reaffirmed their outperform rating on shares of Ag Growth International Inc (TSE:AFN) in a research note published on Thursday. The firm currently has a C$63.00 price target on the stock.
Other research analysts also recently issued reports about the company. TD Securities upgraded Ag Growth International from a hold rating to a buy rating and boosted their price target for the company from C$63.00 to C$72.00 in a report on Friday, August 11th. Scotiabank cut their price target on Ag Growth International from C$70.00 to C$65.00 and set an outperform rating for the company in a report on Monday, September 18th. Finally, National Bank Financial boosted their price target on Ag Growth International from C$60.00 to C$70.00 and gave the company an outperform rating in a report on Friday, August 11th. Nine analysts have rated the stock with a buy rating, Ag Growth International presently has an average rating of Buy and an average price target of C$65.25.
Ag Growth International (TSE:AFN) opened at 53.25 on Thursday. The company has a 50-day moving average price of $56.79 and a 200 day moving average price of $55.77. Ag Growth International has a 12 month low of $43.51 and a 12 month high of $60.26. The stock has a market capitalization of $857.06 million and a price-to-earnings ratio of 29.11.
In other news, Director Gary Keith Anderson sold 8,000 shares of the company’s stock in a transaction on Thursday, August 17th. The stock was sold at an average price of C$58.54, for a total transaction of C$468,320.00.
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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