Ag Growth International (TSE:AFN) Given a C$36.00 Price Target at ATB Cormark Capital Markets

ATB Cormark Capital Markets set a C$36.00 price objective on Ag Growth International (TSE:AFN) in a report issued on Wednesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Other analysts also recently issued reports about the company. TD Securities set a C$41.00 price target on Ag Growth International and gave the company a “buy” rating in a research note on Tuesday, January 13th. Royal Bank Of Canada increased their price objective 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. Desjardins dropped their target price on Ag Growth International from C$47.00 to C$40.00 and set a “buy” rating for the company in a report on Monday, January 12th. Cormark set a C$35.00 target price on shares of Ag Growth International and gave the company a “hold” rating in a research report on Monday, January 12th. Finally, Raymond James Financial upgraded shares of Ag Growth International from a “hold” rating to a “moderate buy” rating and set a C$52.00 price target on the stock in a research note on Friday, January 9th. Three equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of C$33.63.

Ag Growth International Trading Down 32.9%

Shares of AFN stock opened at C$16.89 on Wednesday. The firm has a 50 day moving average price of C$27.98 and a two-hundred day moving average price of C$29.15. The company has a quick ratio of 0.84, a current ratio of 1.70 and a debt-to-equity ratio of 307.12. The company has a market capitalization of C$317.68 million, a PE ratio of -35.19, a price-to-earnings-growth ratio of 1.30 and a beta of 0.52. Ag Growth International has a 12-month low of C$13.60 and a 12-month high of C$44.84.

Ag Growth International (TSE:AFN) last issued its quarterly earnings data on Wednesday, March 25th. The company reported C($2.62) earnings per share (EPS) for the quarter. The firm had revenue of C$395.77 million for the quarter. Ag Growth International had a negative return on equity of 3.11% and a negative net margin of 0.66%. As a group, analysts predict that Ag Growth International will post 6.5761006 earnings per share for the current year.

Ag Growth International Company Profile

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.