Atb Cap Markets Downgrades Ag Growth International (TSE:AFN) to Hold

Ag Growth International (TSE:AFN) was downgraded by research analysts at Atb Cap Markets from a “strong-buy” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports. Atb Cap Markets also issued estimates for Ag Growth International’s Q2 2026 earnings at $1.33 EPS and FY2027 earnings at $6.61 EPS.

AFN has been the topic of several other reports. Raymond James lowered their price objective on Ag Growth International from C$62.00 to C$52.00 in a research report on Tuesday. CIBC lowered their price objective on Ag Growth International from C$72.00 to C$61.00 in a research report on Tuesday. TD Securities lowered their price objective on Ag Growth International from C$73.00 to C$57.00 and set a “buy” rating on the stock in a research report on Tuesday. ATB Capital downgraded Ag Growth International from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from C$79.00 to C$63.00 in a research report on Tuesday. Finally, Royal Bank of Canada lowered their price objective on Ag Growth International from C$80.00 to C$75.00 in a research report on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Ag Growth International currently has a consensus rating of “Moderate Buy” and an average target price of C$67.25.

Ag Growth International Price Performance

Shares of Ag Growth International stock opened at C$39.78 on Tuesday. The stock’s 50-day simple moving average is C$51.28 and its 200-day simple moving average is C$52.61. Ag Growth International has a 52 week low of C$39.69 and a 52 week high of C$64.51. The company has a market capitalization of C$758.60 million, a price-to-earnings ratio of 26.17, a PEG ratio of 1.30 and a beta of 2.29. The company has a quick ratio of 0.84, a current ratio of 1.49 and a debt-to-equity ratio of 298.35.

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.