Ag Growth International (TSE:AFN) Downgraded to Hold Rating by Atb Cap Markets

Atb Cap Markets cut shares of Ag Growth International (TSE:AFN) from a strong-buy rating to a hold rating in a research note issued to investors on Tuesday,Zacks.com reports. Atb Cap Markets also issued estimates for Ag Growth International’s Q2 2026 earnings at $1.33 EPS and FY2027 earnings at $6.61 EPS.

Several other brokerages also recently issued reports on AFN. ATB Capital downgraded Ag Growth International from an “outperform” rating to a “sector perform” rating and reduced their price objective for the stock from C$79.00 to C$63.00 in a research report on Tuesday. Royal Bank of Canada reduced their price objective on Ag Growth International from C$80.00 to C$75.00 in a research report on Thursday, November 7th. Raymond James reduced their price objective on Ag Growth International from C$62.00 to C$52.00 in a research report on Tuesday. TD Securities dropped their target price on Ag Growth International from C$73.00 to C$57.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, CIBC dropped their target price on Ag Growth International from C$72.00 to C$61.00 in a report on Tuesday. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of C$67.25.

Ag Growth International Stock Performance

Shares of AFN stock opened at C$39.78 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 1.49 and a debt-to-equity ratio of 298.35. The business has a 50 day moving average of C$51.28 and a two-hundred day moving average of C$52.61. Ag Growth International has a 52 week low of C$39.69 and a 52 week high of C$64.51. The company has a market cap of C$758.60 million, a P/E ratio of 26.17, a PEG ratio of 1.30 and a beta of 2.29.

Ag Growth International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 15th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.51%. The ex-dividend date was Tuesday, December 31st. Ag Growth International’s dividend payout ratio (DPR) is currently 39.47%.

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.