TSX:AFN - Post Discussion
Post by
SuperM on Nov 12, 2021 10:06am
From Globe & Mail this AM
* RBC Dominion Securities analyst Andrew Wong raised his target for Ag Growth International Inc. (
) to $42 from $40 with an “outperform” rating, while ATB Capital Markets’ Tim Monachello moved his target to $54 from $52 also with an “outperform” rating. The average on the Street is $45.11.
“We expect AGI should continue benefiting from the very strong ag backdrop due to a combination of high crop prices and volumes Additionally, the company has managed extremely well through rising steel cost headwinds that may be abating as steel prices decline, which should result in a margin uplift into next year. We remain very positive on the overall business and see a strong set-up heading into 2022,” said Mr. Won
Pretty good upside from here. GLTA
SM
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