Shares of Ag Growth International Inc (TSE:AFN) have been given a consensus rating of “Buy” by the nine brokerages that are currently covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is C$63.25.
AFN has been the subject of several recent analyst reports. Scotiabank dropped their price objective on Ag Growth International from C$70.00 to C$65.00 and set an “outperform” rating for the company in a research note on Monday, September 18th. Royal Bank Of Canada dropped their price objective on Ag Growth International from C$63.00 to C$60.00 and set an “outperform” rating for the company in a research note on Monday, November 13th. National Bank Financial increased their price objective on Ag Growth International from C$60.00 to C$70.00 and gave the stock an “outperform” rating in a research note on Friday, August 11th. TD Securities upgraded Ag Growth International from a “hold” rating to a “buy” rating and increased their price objective for the stock from C$63.00 to C$72.00 in a research note on Friday, August 11th. Finally, Laurentian dropped their price objective on Ag Growth International from C$70.00 to C$63.00 in a research note on Monday, November 13th.
Ag Growth International (TSE AFN) traded up C$0.39 during trading on Friday, reaching C$50.82. The company’s stock had a trading volume of 51,600 shares, compared to its average volume of 45,634. 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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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.
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