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

Ag Growth International Inc. (OTCMKTS:AGGZF) has been assigned an average recommendation of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

AGGZF has been the topic of a number of research reports. TD Securities restated a “buy” rating on shares of Ag Growth International in a research report on Tuesday, May 12th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Ag Growth International in a report on Friday, May 1st. Finally, Royal Bank Of Canada upgraded Ag Growth International from a “sector perform” rating to an “outperform” rating in a research report on Sunday, May 10th.

Ag Growth International Price Performance

OTCMKTS AGGZF opened at $13.57 on Wednesday. Ag Growth International has a 52-week low of $11.07 and a 52-week high of $31.42. The company has a fifty day moving average of $15.69 and a 200-day moving average of $17.21.

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.