Ag Growth International Inc (AFN) PT Lowered to C$68.00

Ag Growth International Inc (TSE:AFN) had its target price reduced by TD Securities from C$72.00 to C$68.00 in a research note issued on Monday. The firm currently has an “action list buy” rating on the stock. TD Securities’ price objective suggests a potential upside of 34.55% from the stock’s previous close.

Several other research firms have also issued reports on AFN. National Bank Financial lifted their target price on shares of 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. Scotiabank lowered their target price 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, September 18th. Raymond James Financial, Inc. reiterated an “outperform” rating and set a C$63.00 target price on shares of Ag Growth International in a report on Thursday, September 28th. Finally, Royal Bank Of Canada lowered their target price 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 analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Ag Growth International has a consensus rating of “Buy” and a consensus price target of C$63.63.

Shares of Ag Growth International (TSE AFN) opened at C$50.54 on Monday. Ag Growth International has a 1-year low of C$47.08 and a 1-year high of C$60.26.

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In related news, Director Gary Keith Anderson sold 8,000 shares of the firm’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 Ag Growth International stock in a transaction that occurred on Tuesday, November 14th. The shares were purchased at an average cost of C$50.24 per share, with a total value of C$65,211.52.

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.

Analyst Recommendations for Ag Growth International (TSE:AFN)

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