Ag Growth International Inc T.AFN

Alternate Symbol(s): AGGZF | T.AFN.DB.H | T.AFN.DB.G | T.AFN.DB.I | T.AFN.DB.J

Industrials

Ag Growth International Inc. is a provider of the equipment and solutions required to support the storage, transport, and processing of food globally. The Company provides equipment solutions for agriculture bulk commodities, including seed, fertilizer, grain, rice, feed, and food processing systems. It has manufacturing facilities in Canada, the United States, Brazil, Italy, France, and India and distributes its products globally. Its segments include Farm and commercial. Its Farm segment focuses on the needs of on-farm customers, and its product offerings include grain, seed, and fertilizer handling equipment; aeration products; grain and fuel storage solutions, and grain management technologies. Its Commercial segment focuses on commercial entities, such as port facility operators, food processors and elevators. Its product offerings include larger diameter grain storage bins and high-capacity grain handling equipment; food and feed handling storage and processing equipment.

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Ag Growth International Inc

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Post by retiredcfon Nov 14, 2023 11:16am

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Post# 35734411

TD

TD Securities’ Michael Tupholme lowered his Ag Growth International Inc. target by $8 to $75 with a “buy” rating. The average is $76.44.

“We believe global agriculture fundamentals are supportive of demand for AFN’s products/solutions, and we are also attracted to the company-specific revenue growth and margin improvement opportunities that AFN offers. Meanwhile, we view the company’s valuation as very attractive,” he said.

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