In a latest note to investors, a research analyst has provided a rating update for the Ag Growth International (AFN). Analyst Steve Hansen from Raymond James reiterated a Buy rating, with a C$70 price target today.
Hansen has an average return of 8.5% when recommending Ag Growth International.
According to TipRanks.com, Hansen is ranked #1217 out of 5256 analysts.
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Currently, the analyst consensus on Ag Growth International is a Strong Buy with an average price target of C$71.67, which is a 19.3% upside from current levels. In a report issued on March 14, Scotiabank also reiterated a Buy rating on the stock with a C$78 price target.
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Ag Growth International’s market cap is currently C$987.9M and has a P/E ratio of 37.9. The company has a Price to Book ratio of 3.24.
Ag Growth International, Inc. engages in the manufacture of agricultural equipment. The firm operates through the Farm and Commercial segments. Its product portfolio includes portable handling, permanent handling, storage and conditioning, livestock and manufacturing.
The company’s shares closed on Monday at C$60.10.
