OTCQX:AGXXF - Post by User
Post by
LTOWNERon Jan 01, 2012 11:05am
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Post# 19362941
Analysts Like It - Nice Move Up
Analysts Like It - Nice Move Up The additional credit here is $70 million; $60 million is being used to pay off existing debt. Michael Sprung chose AGT as a Top Pick on BNN in April and again December 19th, citing it's "good Balance Sheet" and saying "In this environment, it is important that investors stay focused on their longer term objectives and invest in well managed, well financed companies as opportunities arise." It was a Top Pick on BNN by Jeff Parent as well Dec. 2.
The Financial Post says Analyst Michael Goldberg has a $29 price target on Alliance Grain Traders saying " recent acquisitions add further diversification and additional growth platforms that could drive earnings growth. ...We expect that rising global demand for pulses and increasing supply in its crop sourcing regions should continue to propel earnings." Sooner or later AGT should do very well, the world has to eat. Happy New Year to all.