Trade Report: Today, Ag Growth International Inc (AFN) Price Target Raised to C$59.00

Today, Ag Growth International Inc (AFN) Price Target Raised to C$59.00

Ag Growth International Inc (TSE:AFN) had its target price hoisted by Laurentian Bank of Canada from C$56.00 to C$59.00 in a report released on Tuesday morning, StockTargetPrices.com reports. The brokerage currently has a buy rating on the stock.

Several other equities research analysts also recently issued reports on the stock. Royal Bank Of Canada restated an outperform rating and set a C$50.00 price objective on shares of Ag Growth International in a research report on Wednesday, October 5th. CIBC raised their target price on shares of Ag Growth International from C$42.00 to C$44.00 in a report on Tuesday, October 11th. RBC Capital Markets set a C$50.00 target price on shares of Ag Growth International and gave the stock an outperform rating in a report on Wednesday, October 5th. TD Securities raised their target price on shares of Ag Growth International from C$43.00 to C$52.00 and gave the stock a hold rating in a report on Friday, November 11th. Finally, Scotiabank raised their target price on shares of Ag Growth International from C$42.00 to C$56.00 and gave the stock a sector perform rating in a report on Friday, November 11th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of Buy and an average target price of C$51.44.

Ag Growth International (TSE:AFN) opened at 53.12 on Tuesday. The firm has a market cap of $784.32 million and a P/E ratio of 291.87. Ag Growth International has a 12-month low of $24.68 and a 12-month high of $54.50. The firm’s 50-day moving average price is $48.78 and its 200 day moving average price is $43.12.

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