Scotiabank Set Sector Perform Rating for Ag Growth International Inc (AFN)

Scotiabank Set Sector Perform Rating for Ag Growth International Inc (AFN)

Scotiabank reiterated their sector perform rating on shares of Ag Growth International Inc (TSE:AFN) in a research note published on Thursday morning. The firm currently has a C$56.00 target price on the stock.

AFN has been the subject of several other reports. CIBC upgraded Ag Growth International from a neutral rating to an outperform rating and raised their target price for the company from C$52.00 to C$60.00 in a research note on Thursday, January 12th. Laurentian Bank of Canada reduced their target price on Ag Growth International from C$63.00 to C$61.00 and set a buy rating for the company in a research note on Thursday, February 16th. National Bank Financial raised their target price on Ag Growth International from C$54.00 to C$60.00 in a research note on Friday, December 16th. Royal Bank of Canada raised their target price on Ag Growth International from C$55.00 to C$58.00 and gave the company an outperform rating in a research note on Thursday, February 23rd. Finally, Laurentian reduced their target price on Ag Growth International from C$63.00 to C$61.00 and set a buy rating for the company in a research note on Thursday, February 16th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of C$58.86.

Shares of Ag Growth International (TSE:AFN) opened at 51.02 on Thursday. Ag Growth International has a 1-year low of $33.57 and a 1-year high of $57.69. The company has a market cap of $753.31 million and a price-to-earnings ratio of 280.33. The firm has a 50-day moving average price of $53.34 and a 200 day moving average price of $50.91.

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.

Related posts

Leave a Comment