Raymond James Financial, Inc. Lowers AGT Food and Ingredients Inc (AGT) Price Target to C$32.00

AGT Food and Ingredients Inc (TSE:AGT) had its price objective decreased by Raymond James Financial, Inc. from C$35.00 to C$32.00 in a report published on Wednesday, July 26th. Raymond James Financial, Inc. currently has a market perform rating on the stock.

AGT has been the topic of several other research reports. CIBC reduced their price objective on shares of AGT Food and Ingredients from C$39.00 to C$33.00 in a research note on Tuesday, May 9th. Scotiabank reduced their price objective on shares of AGT Food and Ingredients from C$34.00 to C$26.50 and set a sector perform rating on the stock in a research note on Tuesday, May 9th. National Bank Financial dropped their price target on shares of AGT Food and Ingredients from C$42.00 to C$36.00 in a research report on Friday, May 5th. BMO Capital Markets reaffirmed an outperform rating and set a C$40.00 price target on shares of AGT Food and Ingredients in a research report on Friday, April 28th. Finally, AltaCorp Capital reaffirmed a sector perform rating on shares of AGT Food and Ingredients in a research report on Tuesday, May 9th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of Hold and a consensus price target of C$31.80.

Shares of AGT Food and Ingredients (TSE AGT) traded up 1.95% during mid-day trading on Wednesday, hitting $24.04. 23,411 shares of the stock were exchanged. AGT Food and Ingredients has a one year low of $21.98 and a one year high of $39.57. The stock’s market cap is $582.63 million. The company has a 50-day moving average of $24.51 and a 200 day moving average of $28.49.

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AGT Food and Ingredients Company Profile

AGT Food and Ingredients Inc (AGT), formerly Alliance Grain Traders Inc, is a processor and splitter of pulse crops. The Company is engaged in pulse and staple food processing and distribution, with processing facilities and sales offices located around the world. It operates in three segments: Pulse and Grain Processing, which includes the operations of AGT subsidiaries and facilities in Canada, the United States, Australia, China and a portion of the operations in Turkey; Trading and Distribution, which includes operations in Europe, Russia, India and a portion of the operations in Canada, Turkey and Australia, and Food Ingredients and Packaged Foods, which include subsidiaries and facilities in the United States, Canada, South Africa and a portion of the operations in Turkey.

Analyst Recommendations for AGT Food and Ingredients (TSE:AGT)

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