CIBC Increases Ag Growth International (OTCMKTS:AGGZF) Price Target to C$62.00

Ag Growth International (OTCMKTS:AGGZF – Get Rating) had its price target hoisted by equities researchers at CIBC from C$53.00 to C$62.00 in a research note issued to investors on Thursday, The Fly reports.

A number of other brokerages have also issued reports on AGGZF. National Bank Financial increased their target price on shares of Ag Growth International from C$52.00 to C$53.00 in a research report on Thursday, November 10th. Raymond James lifted their price target on shares of Ag Growth International from C$50.00 to C$55.00 in a research report on Thursday, November 10th. Scotiabank raised their price objective on shares of Ag Growth International from C$52.50 to C$55.00 in a research note on Thursday, November 10th. Finally, TD Securities boosted their target price on shares of Ag Growth International from C$49.00 to C$53.00 in a research note on Friday, November 11th.

Ag Growth International Price Performance

AGGZF opened at $32.84 on Thursday. Ag Growth International has a 12-month low of $22.73 and a 12-month high of $34.95. The firm’s fifty day moving average price is $31.88 and its 200 day moving average price is $28.12.

About Ag Growth International

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Ag Growth International Inc, together with its subsidiaries, manufactures and distributes grain and rice handling, storage, and conditioning equipment in Canada, the United States, and internationally. The company offers storage equipment comprising grain and bolted bins, hopper bins, smooth wall bins, temporary storage equipment, unloads and sweeps, water tanks, fuel tanks; and conditioning equipment, such as mixed flow dryers, fans and heaters, aerations, airaugers, aeration floors, vents and exhausters, stirrings, and accessories.