Equities Analysts Offer Predictions for AGT Food and Ingredients Inc’s Q2 2017 Earnings (TSE:AGT)

AGT Food and Ingredients Inc (TSE:AGT) – Investment analysts at Cormark issued their Q2 2017 earnings per share estimates for AGT Food and Ingredients in a research note issued to investors on Monday. Cormark analyst K. Mcphee anticipates that the company will earn $0.17 per share for the quarter. Cormark also issued estimates for AGT Food and Ingredients’ FY2018 earnings at $2.25 EPS.

Other equities research analysts have also issued research reports about the company. CIBC decreased their price target on AGT Food and Ingredients from C$39.00 to C$33.00 in a research note on Tuesday, May 9th. Raymond James Financial, Inc. lowered AGT Food and Ingredients from an “outperform” rating to a “market perform” rating in a research note on Monday, May 8th. BMO Capital Markets reissued an “outperform” rating and set a C$40.00 price target on shares of AGT Food and Ingredients in a research note on Friday, April 28th. Scotiabank decreased their price target on AGT Food and Ingredients from C$34.00 to C$26.50 and set a “sector perform” rating on the stock in a research note on Tuesday, May 9th. Finally, AltaCorp Capital reissued a “sector perform” rating on shares of AGT Food and Ingredients in a research note on Tuesday, May 9th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of C$34.50.

TRADEMARK VIOLATION NOTICE: “Equities Analysts Offer Predictions for AGT Food and Ingredients Inc’s Q2 2017 Earnings (TSE:AGT)” was first published by BNB Daily and is the property of of BNB Daily. If you are accessing this article on another domain, it was stolen and republished in violation of U.S. & international copyright law. The original version of this article can be viewed at https://www.baseball-news-blog.com/2017/07/21/equities-analysts-offer-predictions-for-agt-food-and-ingredients-incs-q2-2017-earnings-tseagt-updated.html.

AGT Food and Ingredients (TSE:AGT) opened at 23.79 on Tuesday. The firm’s 50 day moving average price is $25.10 and its 200-day moving average price is $31.12. The firm’s market cap is $576.57 million. AGT Food and Ingredients has a one year low of $21.98 and a one year high of $39.57.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 11th. Investors of record on Tuesday, July 11th will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, June 28th. This represents a $0.60 annualized dividend and a dividend yield of 2.52%.

In related news, Director Howard N. Rosen acquired 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 9th. The stock was purchased at an average cost of C$24.99 per share, for a total transaction of C$124,950.00. Also, insider Murad Al-Katib acquired 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 9th. The shares were bought at an average price of C$25.23 per share, with a total value of C$37,845.00. Insiders have purchased a total of 6,619 shares of company stock valued at $165,792 over the last 90 days.

About AGT Food and Ingredients

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.

Earnings History and Estimates for AGT Food and Ingredients (TSE:AGT)

Receive News & Ratings for AGT Food and Ingredients Inc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for AGT Food and Ingredients Inc and related companies with MarketBeat.com’s FREE daily email newsletter.

Leave a Reply

Your email address will not be published.

14 + 10 =