Ag Growth International Inc (AFN) Receives Consensus Recommendation of “Buy” from Analysts

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.

ILLEGAL ACTIVITY NOTICE: “Ag Growth International Inc (AFN) Receives Consensus Recommendation of “Buy” from Analysts” was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece can be read at https://www.chaffeybreeze.com/2017/11/19/ag-growth-international-inc-afn-receives-consensus-recommendation-of-buy-from-analysts.html.

In other Ag Growth International news, insider Timothy Jackson Close bought 1,298 shares of the stock in a transaction dated Tuesday, November 14th. The stock was bought at an average cost of C$50.24 per share, for a total transaction 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)

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

Latest News

Leave a Reply