Ag Growth International (TSE:AFN) Given New C$52.00 Price Target at Raymond James Financial

Key Points

• Raymond James Financial has increased its price target for Ag Growth International (TSE:AFN) from C$47.00 to C$52.00, indicating a potential upside of 26.37% from the company's previous close.
• Other analysts also adjusted their ratings and price targets, with CIBC lowering theirs to C$49.00, while ATB Capital raised theirs to C$47.00, reflecting varied outlooks on the stock.
• Ag Growth International's stock is trading at C$41.15, with a market capitalization of C$786.49 million, and has a consensus rating of "Moderate Buy" among analysts.

Ag Growth International (TSE:AFN - Get Free Report) had its target price raised by Raymond James Financial from C$47.00 to C$52.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. Raymond James Financial's price objective would indicate a potential upside of 20.93% from the company's current price. Raymond James Financial also issued estimates for Ag Growth International's Q3 2025 earnings at $1.17 EPS, Q4 2025 earnings at $1.78 EPS, FY2025 earnings at $2.94 EPS and FY2026 earnings at $4.03 EPS.

Other research analysts also recently issued research reports about the company. TD Securities lifted their price target on Ag Growth International from C$48.00 to C$55.00 and gave the company a "buy" rating in a report on Tuesday, June 24th. ATB Capital lifted their target price on Ag Growth International from C$43.00 to C$47.00 and gave the company a "sector perform" rating in a research note on Thursday, June 19th. National Bankshares upped their target price on Ag Growth International from C$49.00 to C$51.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. Desjardins boosted their price objective on shares of Ag Growth International from C$47.00 to C$49.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Finally, Royal Bank Of Canada upgraded shares of Ag Growth International from a "sector perform" rating to an "outperform" rating and increased their target price for the stock from C$40.00 to C$50.00 in a research report on Thursday, May 8th. One research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of C$50.71.

Ag Growth International Trading Up 0.3%

Shares of TSE:AFN traded up C$0.13 during mid-day trading on Tuesday, hitting C$43.00. The stock had a trading volume of 51,460 shares, compared to its average volume of 93,721. The company's 50 day moving average is C$41.48 and its 200-day moving average is C$37.92. Ag Growth International has a 12-month low of C$30.81 and a 12-month high of C$57.10. The company has a debt-to-equity ratio of 277.31, a quick ratio of 0.84 and a current ratio of 1.41. The company has a market cap of C$821.85 million, a PE ratio of 34.33, a P/E/G ratio of 1.30 and a beta of 2.29.

Ag Growth International Company Profile

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.