Ag Growth International Inc. (OTCMKTS:AGGZF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

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

A number of research firms have issued reports on AGGZF. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Ag Growth International in a report on Monday, January 12th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Ag Growth International in a research report on Tuesday, January 13th. Desjardins restated a “buy” rating on shares of Ag Growth International in a research note on Monday, January 12th. Raymond James Financial cut shares of Ag Growth International from an “outperform” rating to a “market perform” rating in a research note on Friday, November 14th. Finally, National Bankshares restated an “outperform” rating on shares of Ag Growth International in a research report on Monday, December 1st.

Ag Growth International Stock Performance

AGGZF opened at $21.85 on Friday. The business has a 50 day moving average price of $18.66 and a 200 day moving average price of $23.58. Ag Growth International has a twelve month low of $13.10 and a twelve 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.