AGT Food and Ingredients (TSE:AGT) had its target price trimmed by Raymond James Financial from C$22.00 to C$21.00 in a research note issued to investors on Tuesday morning. The firm currently has a market perform rating on the stock.
Several other brokerages have also recently issued reports on AGT. CIBC decreased their target price on shares of AGT Food and Ingredients from C$32.00 to C$28.00 in a research report on Friday, October 13th. Scotiabank decreased their target price on shares of AGT Food and Ingredients from C$23.00 to C$21.50 and set a sector perform rating on the stock in a research report on Tuesday, November 7th. National Bank Financial cut their price target on shares of AGT Food and Ingredients from C$33.00 to C$25.00 and set an outperform rating on the stock in a report on Tuesday, November 7th. BMO Capital Markets cut their price target on shares of AGT Food and Ingredients from C$35.00 to C$27.50 in a report on Tuesday, November 7th. Finally, AltaCorp Capital downgraded shares of AGT Food and Ingredients from a sector perform rating to an underperform rating in a report on Monday, November 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. AGT Food and Ingredients has a consensus rating of Hold and an average target price of C$23.80.
Shares of AGT Food and Ingredients (AGT) opened at C$21.70 on Tuesday. The stock has a market cap of $649.93, a PE ratio of -15.72 and a beta of 0.22. AGT Food and Ingredients has a 1 year low of C$17.85 and a 1 year high of C$37.46.
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AGT Food and Ingredients Company Profile
AGT Food and Ingredients Inc (AGT), formerly Alliance Grain Traders Inc, is a processor and splitter of pulse crops. The Company is engaged in pulse and staple food processing and distribution, with processing facilities and sales offices located around the world. It operates in three segments: Pulse and Grain Processing, which includes the operations of AGT subsidiaries and facilities in Canada, the United States, Australia, China and a portion of the operations in Turkey; Trading and Distribution, which includes operations in Europe, Russia, India and a portion of the operations in Canada, Turkey and Australia, and Food Ingredients and Packaged Foods, which include subsidiaries and facilities in the United States, Canada, South Africa and a portion of the operations in Turkey.
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