Ag Growth International (AFN) PT Raised to C$71.00 at National Bank Financial

Ag Growth International (TSE:AFN) had its price target increased by National Bank Financial from C$67.00 to C$71.00 in a research report sent to investors on Thursday. National Bank Financial currently has an outperform rating on the stock.

AFN has been the subject of several other reports. Royal Bank of Canada raised their target price on shares of Ag Growth International from C$60.00 to C$65.00 and gave the company an outperform rating in a research note on Wednesday, May 16th. Scotiabank raised their target price on shares of Ag Growth International from C$62.00 to C$65.00 and gave the company an outperform rating in a research note on Thursday, May 10th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of Buy and a consensus price target of C$68.38.

Shares of AFN opened at C$59.44 on Thursday. Ag Growth International has a twelve month low of C$47.08 and a twelve month high of C$60.63.

The company also recently announced a monthly dividend, which will be paid on Friday, September 14th. Shareholders of record on Friday, September 14th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Thursday, August 30th. This represents a $2.40 annualized dividend and a yield of 4.04%.

In other Ag Growth International news, Director Gary Keith Anderson sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, May 28th. The shares were sold at an average price of C$58.28, for a total value of C$262,260.00. Over the last 90 days, insiders sold 16,500 shares of company stock valued at $957,260.

Ag Growth International Company Profile

Ag Growth International Inc, together with its subsidiaries, manufactures and distributes grain handling, storage, and conditioning equipment in Canada, the United States, and internationally. The company offers portable handling equipment, such as portable augers, portable belt conveyors, grainvacs, and storm seed treaters; and permanent handling equipment, including TA tapered auger vertical blend systems, high-tonnage conveying systems, distributors, bulk weigh hoppers, enclosed belt conveyors, bucket elevators, rail and truck probes, VIS micro dosing systems, chain conveyors, truss and towers, screw feeders and conveyors, and spout and connections.

Featured Article: Diversification Important in Investing

Analyst Recommendations for Ag Growth International (TSE:AFN)

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

Leave a Reply