Ag Growth International (TSE:AFN) Given New C$57.00 Price Target at TD Securities

Ag Growth International (TSE:AFN) had its price objective dropped by investment analysts at TD Securities from C$73.00 to C$57.00 in a research note issued on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price objective indicates a potential upside of 37.35% from the stock’s current price.

A number of other research analysts have also weighed in on AFN. CIBC dropped their price target on shares of Ag Growth International from C$72.00 to C$61.00 in a research report on Tuesday. Raymond James decreased their price target on Ag Growth International from C$62.00 to C$52.00 in a research report on Tuesday. Finally, Royal Bank of Canada cut their price objective on Ag Growth International from C$80.00 to C$75.00 in a research report on Thursday, November 7th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$67.25.

Ag Growth International Stock Up 0.5 %

Shares of AFN traded up C$0.21 on Tuesday, reaching C$41.50. The company’s stock had a trading volume of 105,137 shares, compared to its average volume of 128,113. The stock has a market capitalization of C$791.41 million, a PE ratio of 27.30, a PEG ratio of 1.30 and a beta of 2.29. Ag Growth International has a twelve month low of C$39.80 and a twelve month high of C$64.51. The firm has a fifty day moving average of C$51.72 and a 200-day moving average of C$52.78. The company has a current ratio of 1.49, a quick ratio of 0.84 and a debt-to-equity ratio of 298.35.

Ag Growth International Company Profile

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.