Ag Growth International Inc. (OTCMKTS:AGGZF) Receives Average Rating of “Moderate Buy” from Brokerages

Ag Growth International Inc. (OTCMKTS:AGGZF) has received a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

Several research firms have weighed in on AGGZF. Royal Bank Of Canada upgraded shares of Ag Growth International from a “sector perform” rating to an “outperform” rating in a report on Sunday, May 10th. TD Securities reissued a “buy” rating on shares of Ag Growth International in a research report on Tuesday, May 12th. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Ag Growth International in a research report on Friday, May 1st.

Ag Growth International Trading Down 12.7%

AGGZF opened at $15.83 on Tuesday. The firm’s fifty day moving average is $15.35 and its two-hundred day moving average is $17.58. Ag Growth International has a twelve month low of $11.07 and a twelve month high of $31.65.

Ag Growth International Company Profile

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.