Royal Bank Of Canada Downgrades Ag Growth International Price Target

Analysts at Royal Bank Of Canada have downgraded their price target for Ag Growth International (TSE:AFN) to C$20.00, indicating a potential upside of 47.82% from the company's current price.

This new target replaces the previous estimate of C$30.00 and follows a string of recent updates from other analysts. Just last week, TD raised their price objective on shares of Ag Growth International from C$22.00 to C$30.00.

Despite the downgrade, Royal Bank Of Canada still maintains an 'outperform' rating for the stock. However, some analysts have expressed caution regarding Ag Growth International's performance, with a current consensus rating of 'Hold' and a consensus price target of C$23.56.