Ag Growth International Inc. (OTCMKTS:AGGZF) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Ag Growth International Inc. (OTCMKTS:AGGZF) have earned a consensus rating of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company.

Several research analysts have recently issued reports on the company. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Ag Growth International in a research note on Tuesday, January 13th. Desjardins reaffirmed a “buy” rating on shares of Ag Growth International in a research note on Monday, January 12th. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Ag Growth International in a report on Friday.

Ag Growth International Stock Up 3.9%

OTCMKTS:AGGZF traded up $0.56 during mid-day trading on Friday, reaching $14.84. 174 shares of the company’s stock traded hands, compared to its average volume of 10,987. Ag Growth International has a 12-month low of $11.07 and a 12-month high of $31.65. The company has a 50 day moving average price of $16.34 and a 200-day moving average price of $18.70.

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.