Ag Growth International (AFN) Gets a Buy Rating from Scotiabank


Shares of Ag Growth International (AFN) were revisited by a Wall Street analyst yesterday. Analyst Michael Doumet from Scotiabank rated Ag Growth International (AFN) a Buy, setting a C$70 price target.

Doumet has an average return of 2.1% when recommending Ag Growth International.

According to TipRanks.com, Doumet is ranked #2726 out of 5162 analysts.

Ag Growth International has an analyst consensus of Strong Buy, with a price target consensus of C$68.33.

Ag Growth International’s market cap is currently C$871.6M and has a P/E ratio of 21.9. The company has a Price to Book ratio of 2.85.

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 Tuesday at C$52.86.

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