Ag Growth International Inc. (OTCMKTS:AGGZF) Given Average Recommendation of “Moderate Buy” by Analysts

Ag Growth International Inc. (OTCMKTS:AGGZF) has been given an average rating of “Moderate Buy” by the six brokerages that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company.

A number of equities analysts recently commented on AGGZF shares. Desjardins restated a “buy” rating on shares of Ag Growth International in a report on Monday, January 12th. Raymond James Financial lowered shares of Ag Growth International from an “outperform” rating to a “market perform” rating in a report on Friday, November 14th. National Bankshares reaffirmed an “outperform” rating on shares of Ag Growth International in a research note on Monday, December 1st. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Ag Growth International in a research note on Monday, January 12th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Ag Growth International in a report on Tuesday, January 13th.

Ag Growth International Stock Down 2.2%

AGGZF opened at $21.37 on Friday. Ag Growth International has a one year low of $13.10 and a one year high of $31.65. The business has a 50 day simple moving average of $18.93 and a two-hundred day simple moving average of $23.44.

About Ag Growth International

AG Growth International Inc is a Canada‐based designer, manufacturer and distributor of products used in grain handling, storage, conditioning and food processing. The company’s portfolio includes equipment for grain systems operations, such as vertical and horizontal storage bins, mechanical conveyors, grain dryers, aeration systems and climate controls. In addition to its core ag handling business, AG Growth offers liquid handling solutions, including portable tanker trailers, poly tanks, pumps and related accessories, addressing the needs of agricultural, commercial and industrial customers.

Founded in the mid-1990s and headquartered in Winnipeg, Manitoba, AG Growth International has grown through a combination of internal product development and strategic acquisitions of established equipment manufacturers.