Ag Growth International Inc (AFN) Price Target Cut to C$63.00

Ag Growth International Inc (TSE:AFN) had its price target reduced by research analysts at Laurentian from C$70.00 to C$63.00 in a research report issued on Monday. Laurentian’s price target would suggest a potential upside of 24.65% from the company’s previous close.

Several other equities research analysts have also recently weighed in on AFN. Royal Bank Of Canada lowered their price target on shares of Ag Growth International from C$63.00 to C$60.00 and set an “outperform” rating for the company in a research report on Monday. National Bank Financial lowered their price target on shares of Ag Growth International from C$70.00 to C$65.00 and set an “outperform” rating for the company in a research report on Monday. TD Securities lowered their price target 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 research report on Monday. Raymond James Financial, Inc. reaffirmed an “outperform” rating and issued a C$63.00 price target on shares of Ag Growth International in a research report on Thursday, September 28th. Finally, Scotiabank lowered their price target on shares of Ag Growth International from C$70.00 to C$65.00 and set an “outperform” rating for the company in a research report on Monday, September 18th. Eight investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. 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 52-week low of C$47.08 and a 52-week 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 firm’s stock in a transaction on Thursday, August 17th. The shares were sold at an average price of C$58.54, for a total value of C$468,320.00. Also, insider Timothy Jackson Close purchased 1,298 shares of the firm’s stock in a transaction on Tuesday, November 14th. The stock was bought at an average cost 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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