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

Shares of Ag Growth International Inc. (OTCMKTS:AGGZF) have received an average rating of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

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

Ag Growth International Price Performance

Shares of AGGZF opened at $11.00 on Friday. The business’s 50 day moving average is $14.00 and its 200 day moving average is $16.59. Ag Growth International has a 12-month low of $9.60 and a 12-month high of $31.35.

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.