Raymond James Financial, Inc. Cuts AGT Food and Ingredients Inc (AGT) Price Target to C$22.00
AGT Food and Ingredients Inc (TSE:AGT) had its price target trimmed by Raymond James Financial, Inc. from C$30.00 to C$22.00 in a report issued on Tuesday. The firm currently has a market perform rating on the stock.
Other analysts have also issued research reports about the stock. CIBC decreased their target price on shares of AGT Food and Ingredients from C$28.00 to C$24.00 in a report on Tuesday. BMO Capital Markets decreased their target price on shares of AGT Food and Ingredients from C$35.00 to C$27.50 in a report on Tuesday. National Bank Financial decreased their target price on shares of AGT Food and Ingredients from C$33.00 to C$25.00 and set an outperform rating on the stock in a report on Tuesday. Finally, Scotiabank decreased their target price on shares of AGT Food and Ingredients from C$26.50 to C$26.00 and set a sector perform rating on the stock in a report on Friday, August 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. AGT Food and Ingredients currently has an average rating of Hold and a consensus price target of C$24.00.
Shares of AGT Food and Ingredients (AGT) opened at C$18.16 on Tuesday. AGT Food and Ingredients has a 52 week low of C$17.88 and a 52 week high of C$37.54.
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About AGT Food and Ingredients
AGT Food and Ingredients Inc (AGT), formerly Alliance Grain Traders Inc, is a processor and splitter of pulse crops. The Company is engaged in pulse and staple food processing and distribution, with processing facilities and sales offices located around the world. It operates in three segments: Pulse and Grain Processing, which includes the operations of AGT subsidiaries and facilities in Canada, the United States, Australia, China and a portion of the operations in Turkey; Trading and Distribution, which includes operations in Europe, Russia, India and a portion of the operations in Canada, Turkey and Australia, and Food Ingredients and Packaged Foods, which include subsidiaries and facilities in the United States, Canada, South Africa and a portion of the operations in Turkey.
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