Ag Growth International Inc. (TSE:AFN) Receives Average Rating of "Moderate Buy" from Analysts

Shares of Ag Growth International Inc. (TSE:AFN - Get Free Report) have earned an average rating of "Moderate Buy" from the eight ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$74.63.

A number of equities analysts have issued reports on the company. Raymond James cut Ag Growth International from an "outperform" rating to a "market perform" rating and lowered their target price for the stock from C$72.00 to C$62.00 in a report on Friday, October 18th. Royal Bank of Canada dropped their target price on Ag Growth International from C$80.00 to C$75.00 in a research report on Thursday, November 7th. Finally, CIBC raised their price target on shares of Ag Growth International from C$70.00 to C$72.00 and gave the stock an "outperform" rating in a research note on Thursday, December 12th.

Ag Growth International Trading Up 0.3 %

TSE:AFN traded up C$0.15 on Friday, reaching C$50.88. The company's stock had a trading volume of 88,936 shares, compared to its average volume of 64,491. Ag Growth International has a 1-year low of C$45.96 and a 1-year high of C$64.51. The business's 50-day moving average price is C$51.70 and its two-hundred day moving average price is C$52.96. The firm has a market cap of C$970.28 million, a PE ratio of 33.47, a PEG ratio of 1.30 and a beta of 2.29. The company has a debt-to-equity ratio of 298.35, a quick ratio of 0.84 and a current ratio of 1.49.

About Ag Growth International

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.