CIBC Lowers Ag Growth International (TSE:AFN) Price Target to C$61.00

Ag Growth International (TSE:AFNGet Free Report) had its price target lowered by research analysts at CIBC from C$72.00 to C$61.00 in a report issued on Tuesday,BayStreet.CA reports. CIBC’s price objective suggests a potential upside of 53.34% from the company’s previous close.

AFN has been the subject of a number of other research reports. Raymond James dropped their price objective on shares of Ag Growth International from C$62.00 to C$52.00 in a report on Tuesday. Royal Bank of Canada cut their price target on Ag Growth International from C$80.00 to C$75.00 in a report on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$67.25.

Check Out Our Latest Analysis on Ag Growth International

Ag Growth International Stock Performance

Shares of Ag Growth International stock opened at C$39.78 on Tuesday. The company has a debt-to-equity ratio of 298.35, a current ratio of 1.49 and a quick ratio of 0.84. The stock has a market capitalization of C$758.60 million, a price-to-earnings ratio of 26.17, a price-to-earnings-growth ratio of 1.30 and a beta of 2.29. The business has a 50-day moving average of C$51.55 and a 200 day moving average of C$52.70. Ag Growth International has a 12 month low of C$39.69 and a 12 month high of C$64.51.

Ag Growth International Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Ag Growth International (TSE:AFN)

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