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

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

Several brokerages have recently commented on AGGZF. Desjardins reaffirmed a “buy” rating on shares of Ag Growth International in a research report on Monday, January 12th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Ag Growth International in a report on Monday, January 12th. National Bank Financial restated an “outperform” rating on shares of Ag Growth International in a research note on Monday, December 1st. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Ag Growth International in a report on Tuesday, January 13th.

Ag Growth International Trading Up 2.8%

AGGZF stock opened at $13.20 on Friday. The stock has a 50-day simple moving average of $20.06 and a 200-day simple moving average of $20.72. Ag Growth International has a 1 year low of $11.07 and a 1 year high of $31.65.

Ag Growth International Company Profile

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.