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

Shares of Ag Growth International Inc. (OTCMKTS:AGGZF) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

Several equities research analysts recently weighed in on AGGZF shares. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Ag Growth International in a report on Friday, May 1st. Royal Bank Of Canada upgraded shares of Ag Growth International from a “sector perform” rating to an “outperform” rating in a research report on Sunday, May 10th. Finally, TD Securities restated a “buy” rating on shares of Ag Growth International in a research note on Tuesday, May 12th.

Ag Growth International Price Performance

Shares of OTCMKTS:AGGZF opened at $13.57 on Wednesday. The firm’s 50 day moving average price is $15.69 and its 200 day moving average price is $17.21. Ag Growth International has a fifty-two week low of $11.07 and a fifty-two week high of $31.42.

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.