Ag Growth International (TSE:AFN) had its price target increased by Cantor Fitzgerald from C$42.00 to C$45.00 in a research report sent to investors on Thursday morning, ARN reports. The firm currently has a buy rating on the stock.
Cantor Fitzgerald has also taken action a number of other stocks recently. The firm raised its price target on shares of Descartes Systems Group from $13.00 to $15.00. They have a buy rating on that stock. Also, Cantor Fitzgerald reiterated its buy rating on shares of Syneron Medical Ltd.. They have a $15.00 price target on that stock. Finally, Cantor Fitzgerald lowered its price target on shares of Luxottica Group S.p.A. from $44.00 to $42.00. They have a buy rating on that stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at National Bank Financial upgraded shares of Ag Growth International from a sector perform rating to an outperform rating in a research note to investors on Thursday. They now have a C$40.00 price target on the stock, up previously from C$38.50. Separately, analysts at CIBC raised their price target on shares of Ag Growth International from C$38.00 to C$42.00 in a research note to investors on Thursday. They now have a sector perform rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Ag Growth International from C$43.00 to C$47.00 in a research note to investors on Thursday. They now have a buy rating on the stock. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Ag Growth International currently has a consensus rating of Buy and a consensus price target of C$42.81.
Shares of Ag Growth International (TSE:AFN) opened at 40.16 on Thursday. Ag Growth International has a 52-week low of $29.16 and a 52-week high of $40.99. The stock has a 50-day moving average of $38.81 and a 200-day moving average of $36.41. The company has a market cap of $504.0 million and a price-to-earnings ratio of 37.75.
Ag Growth International (TSE:AFN) last issued its quarterly earnings data on Wednesday, November 13th. The company reported $0.91 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.90 by $0.01. On average, analysts predict that Ag Growth International will post $1.83 earnings per share for the current fiscal year.
The company also recently announced a dec 13 dividend, which is scheduled for Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.20 per share.
Ag Growth International Inc conducts business in the grain handling, storage and conditioning market.
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