Ag Growth International Inc (AFN) Price Target Cut to C$62.00

Ag Growth International Inc (TSE:AFN) had its target price decreased by investment analysts at Scotiabank from C$65.00 to C$62.00 in a note issued to investors on Monday. The firm currently has an “outperform” rating on the stock. Scotiabank’s price objective would indicate a potential upside of 22.68% from the company’s current price.

AFN has been the subject of a number of other research reports. Raymond James Financial, Inc. restated an “outperform” rating and issued a C$63.00 price objective on shares of Ag Growth International in a report on Thursday, September 28th. National Bank Financial dropped their price objective on shares of Ag Growth International from C$70.00 to C$65.00 and set an “outperform” rating for the company in a report on Monday. TD Securities dropped their price objective on shares of Ag Growth International from C$72.00 to C$68.00 and set an “action list buy” rating for the company in a report on Monday. Laurentian dropped their price objective on shares of Ag Growth International from C$70.00 to C$63.00 in a report on Monday. Finally, Royal Bank Of Canada dropped their price objective on shares of Ag Growth International from C$65.00 to C$63.00 and set an “outperform” rating for the company in a report on Tuesday, October 31st. Eight research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of C$63.63.

Ag Growth International (TSE:AFN) opened at C$50.54 on Monday. Ag Growth International has a twelve month low of C$47.08 and a twelve month high of C$60.26.

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In other Ag Growth International news, Director Gary Keith Anderson sold 8,000 shares of the business’s stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of C$58.54, for a total transaction of C$468,320.00. Also, insider Timothy Jackson Close purchased 1,298 shares of the stock in a transaction on Tuesday, November 14th. The shares were purchased at an average price of C$50.24 per share, with a total value of C$65,211.52.

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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