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

Shares of Ag Growth International Inc. (OTCMKTS:AGGZF) have been given an average recommendation of “Moderate Buy” by the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

A number of equities research analysts recently weighed in on the stock. Raymond James Financial lowered shares of Ag Growth International from an “outperform” rating to a “market perform” rating in a report on Friday, November 14th. National Bankshares reiterated an “outperform” rating on shares of Ag Growth International in a research note on Monday, December 1st. Royal Bank Of Canada reissued a “sector perform” rating on shares of Ag Growth International in a report on Tuesday. Desjardins restated a “buy” rating on shares of Ag Growth International in a research report on Monday. Finally, CIBC restated a “neutral” rating on shares of Ag Growth International in a research note on Monday.

Ag Growth International Stock Up 4.1%

AGGZF stock opened at $19.70 on Monday. The company has a 50-day moving average price of $17.22 and a 200 day moving average price of $24.74. Ag Growth International has a 12 month low of $13.10 and a 12 month high of $31.65.

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.