Recently, stock analysts at Laurentian managed to life the price objective for the AG Growth International (TSE:AFN) from C$65 to C$68. The source of this information was a research note they issued on Thursday, March 15th. The firm currently has a ‘buy’ rating on its stock. Moreover, the Laurentian price objective suggests a possible upside of 30.02% of the previous close of the company.
More Reports on the Topic
However, AFN has been treated by a number of other reports as well. For example, Raymond James Financial had decreased their price target for the AG Growth International from C$63 to C$60. Moreover, they had set an ‘outperform’ rating on the stock in the report they had issued back on November 15th. At the same time, the National Bank Financial raised the price target from C$65 to C$67. They also gave the company the ‘outperform’ rating on March 15th.
Furthermore, CIBC raised the price target for this company from C$65 to C$70 back in January. Seven other equities research analysts rated the stock with ‘buy’ and one gave the company a strong buy rating. Currently, the AG Growth International has an average rating of ‘buy’. Its consensus price target has reached C$65.38.
More about AG Growth International
AG Growth International Inc., together with all its subsidiaries, are into the manufacturing and distribution of grain handling, storage, and conditioning equipment. They do this for Canada, the United States, as well as internationally. The company is responsible for offering portable handling equipment, for example belt conveyors, storm seed treaters, augers, etc. Moreover, they offer permanent handling equipment, such as TA tapered auger vertical blend systems, distributors, enclosed belt conveyors, and so on. It is a very important company for people who are working in the farming industry and need special equipment to handle their business.