Raymond James Financial Issues Positive Forecast for Ag Growth International (TSE:AFN) Stock Price

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 boosted by analysts at Raymond James Financial from C$47.00 to C$52.00 in a report issued on Tuesday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. Raymond James Financial's price objective would suggest a potential upside of 22.50% from the stock's previous close. 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.

A number of other brokerages also recently weighed in on AFN. National Bankshares raised their price objective on Ag Growth International from C$49.00 to C$51.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. CIBC dropped their price objective on Ag Growth International from C$52.00 to C$49.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 7th. Desjardins raised their price objective on 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. Royal Bank Of Canada raised Ag Growth International from a "sector perform" rating to an "outperform" rating and raised their price objective for the company from C$40.00 to C$50.00 in a research report on Thursday, May 8th. Finally, ATB Capital raised their price objective on Ag Growth International from C$43.00 to C$47.00 and gave the company a "sector perform" rating in a research report on Thursday, June 19th. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of C$50.71.

Ag Growth International Stock Up 0.1%

Shares of Ag Growth International stock traded up C$0.03 during trading on Tuesday, hitting C$42.45. 77,465 shares of the stock traded hands, compared to its average volume of 93,850. The firm has a market cap of C$811.33 million, a P/E ratio of 33.89, a price-to-earnings-growth ratio of 1.30 and a beta of 2.29. The company has a current ratio of 1.41, a quick ratio of 0.84 and a debt-to-equity ratio of 277.31. Ag Growth International has a 52-week low of C$30.81 and a 52-week high of C$57.10. The stock's fifty day simple moving average is C$41.65 and its 200 day simple moving average is C$37.91.

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.