Ag Growth International (TSE:AFN) Given New C$25.00 Price Target at Raymond James Financial

Ag Growth International (TSE:AFN) had its price target reduced by Raymond James Financial from C$30.00 to C$25.00 in a research report sent to investors on Thursday,BayStreet.CA reports.

A number of other research analysts have also recently commented on AFN. ATB Cormark Capital Markets cut shares of Ag Growth International from a “strong-buy” rating to a “moderate buy” rating and set a C$36.00 target price on the stock. in a research report on Wednesday. National Bank Financial downgraded shares of Ag Growth International from an “outperform” rating to a “hold” rating and dropped their target price for the company from C$39.00 to C$24.00 in a report on Wednesday. Cormark set a C$35.00 target price on Ag Growth International and gave the company a “hold” rating in a research report on Monday, January 12th. Royal Bank Of Canada raised their price target on Ag Growth International from C$25.00 to C$30.00 and gave the stock a “sector perform” rating in a research report on Tuesday, January 13th. Finally, TD Securities set a C$41.00 target price on Ag Growth International and gave the company a “buy” rating in a report on Tuesday, January 13th. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Ag Growth International has an average rating of “Hold” and an average price target of C$28.75.

Ag Growth International Stock Up 5.4%

AFN stock opened at C$17.80 on Thursday. The firm has a market cap of C$334.80 million, a PE ratio of -37.08, a PEG ratio of 1.30 and a beta of 0.52. Ag Growth International has a one year low of C$13.60 and a one year high of C$44.84. The company has a debt-to-equity ratio of 408.06, a quick ratio of 0.84 and a current ratio of 1.28. The firm’s 50 day moving average price is C$27.75 and its 200-day moving average price is C$29.07.

Ag Growth International (TSE:AFN) last posted its earnings results on Wednesday, March 25th. The company reported C($2.62) EPS for the quarter. Ag Growth International had a negative net margin of 1.86% and a negative return on equity of 9.21%. The business had revenue of C$395.77 million during the quarter. On average, equities research analysts anticipate that Ag Growth International will post 6.5761006 EPS for the current year.

Key Ag Growth International News

Here are the key news stories impacting Ag Growth International this week:

• Positive Sentiment: TD Securities kept a “buy” rating while lowering its price target to C$22 (still ~24% upside vs. the current price). This is a modest supportive signal that some brokers see recovery potential. TD Securities Price Target
• Positive Sentiment: ATB Cormark cut its rating from “strong-buy” to “moderate buy” but left a C$36 target, indicating continued bullish conviction from that shop despite a downgrade. ATB Cormark Update
• Neutral Sentiment: Raymond James lowered a price target (reported variably) — one update shows a cut to C$25 — reflecting mixed analyst views; the change signals caution but not unanimous sell-side negative conviction. Raymond James Target Cut
• Neutral Sentiment: CIBC reduced its price target to C$18, leaving only a very small upside from the current level — this tightens expectations and reduces near-term upside but is not a formal downgrade. CIBC Target Cut
• Negative Sentiment: National Bank Financial downgraded AFN from “outperform” to “hold” and cut its target to C$24, removing a previously bullish endorsement and increasing downside pressure. National Bank Downgrade
• Negative Sentiment: Raymond James also issued a downgrade (from “moderate buy” to “hold” in a separate update) and reduced its target significantly, compounding negative broker sentiment. Raymond James Downgrade
• Negative Sentiment: Quarterly results showed an EPS loss of C($2.62) and a negative net margin (‑0.66%), highlighting near-term profitability challenges and likely driving selling pressure. Earnings Release & Call
• Negative Sentiment: Media coverage flagged the stock among small caps that “sank” after recent moves, reflecting the market reaction to the earnings and analyst changes. Globe and Mail Coverage

About Ag Growth International

Ag Growth International Inc manufactures portable and stationary grain handling, storage, and conditioning equipment, including augers, belt conveyors, grain storage bins, grain handling accessories, grain aeration equipment, and grain drying systems. The company operates mainly in Portable handling, permanent handling, storage and conditioning, livestock, and manufacturing sectors. Some of its brands are batco, wheatheart, westfield, storm, rem, hi roller, union iron, hsi, tramco, ptm, vis, nuvision, twister, grain guard, airlanco, westeel, frame, and entringer.