Brokerages Set Ag Growth International Inc (TSE:AFN) Price Target at $40.04

Ag Growth International Inc (TSE:AFN) has received an average recommendation of “Buy” from the eight research firms that are currently covering the company. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is C$40.04.

A number of equities research analysts have recently commented on AFN shares. CIBC upped their target price on shares of Ag Growth International from C$37.00 to C$42.00 in a report on Friday, August 12th. National Bank Financial upped their target price on shares of Ag Growth International from C$40.00 to C$44.00 in a report on Monday, July 18th. Finally, Scotiabank reaffirmed a “sector perform” rating and issued a C$40.00 target price on shares of Ag Growth International in a report on Thursday, June 9th.

Ag Growth International (TSE:AFN) opened at 43.90 on Tuesday. Ag Growth International has a 1-year low of $24.68 and a 1-year high of $44.61. The firm has a 50-day moving average of $43.09 and a 200-day moving average of $39.17. The stock’s market capitalization is $645.99 million.

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.

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