AGT Food and Ingredients (TSE:AGT) was downgraded by equities researchers at National Bank Financial from a “sector perform” rating to a “tender” rating in a research report issued to clients and investors on Thursday. They presently have a C$18.00 price target on the stock. National Bank Financial’s target price would indicate a potential upside of 6.26% from the company’s current price.
Separately, BMO Capital Markets lowered shares of AGT Food and Ingredients from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from C$20.00 to C$19.00 in a report on Tuesday, October 2nd.
Shares of AGT Food and Ingredients stock traded up C$0.02 during trading hours on Thursday, reaching C$16.94. 5,818 shares of the company’s stock were exchanged, compared to its average volume of 50,782. AGT Food and Ingredients has a 1 year low of C$13.00 and a 1 year high of C$22.70. The company has a quick ratio of 0.64, a current ratio of 1.67 and a debt-to-equity ratio of 239.16.
AGT Food and Ingredients Company Profile
AGT Food and Ingredients Inc produces and exports pulses, staple foods, and food ingredients worldwide. It operates through three segments: Pulse and Grain Processing; Bulk Handling and Distribution; and Food Ingredients and Packaged Foods. The company offers lentils, peas, chickpeas, beans, popcorn, canary seed, flax, and other specialty seeds.
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