Ag Growth International Inc. (AFN.TO) – What Are Researchers Thinking About This Stock?

Ag Growth International Inc. (TSE:AFN) has been assigned an average recommendation of “Hold” from the nine brokerages that are covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$21.89.

AFN has been the subject of several analyst reports. Royal Bank Of Canada dropped their price objective on shares of Ag Growth International from C$30.00 to C$20.00 and set an “outperform” rating for the company in a research note on Friday, July 31st. National Bank Financial lowered their price objective on shares of Ag Growth International from C$19.00 to C$11.00 and set a “sector perform” rating on the stock in a report on Thursday, October 15th. TD Securities cut Ag Growth International from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. ATB Cormark Capital Markets decreased their price target on Ag Growth International from C$18.00 to C$11.00 and set a “sector perform” rating on the stock in a research report on Thursday, October 1st. Finally, Desjardins lowered their price objective on shares of Ag Growth International from C$25.00 to C$20.00 and set a “buy” rating for the company in a report on Friday, July 31st.

Ag Growth International Price Performance

Ag Growth International stock opened at C$9.30 on Wednesday. The company’s 50 day simple moving average is C$10.54 and its 200 day simple moving average is C$19.33. The company has a debt-to-equity ratio of 541.43, a current ratio of 1.30 and a quick ratio of 0.84. Ag Growth International has a fifty-two week low of C$5.80 and a fifty-two week high of C$36.27. The firm has a market capitalization of C$175.58 million, a price-to-earnings ratio of -1.49, a PEG ratio of 1.30 and a beta of 1.56.

About Ag Growth International

Ag Growth International Inc is a leading manufacturer and supplier of equipment and solutions for the agriculture, fertilizer, feed, food and commercial sectors. With manufacturing facilities and operations on six continents, AGI provides complete systems and services that support producers and processors throughout the agricultural value chain.