Ag Growth International Inc. (OTCMKTS:AGGZF) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Ag Growth International Inc. (OTCMKTS:AGGZF) have received an average rating of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

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

Ag Growth International Stock Performance

OTCMKTS:AGGZF opened at $20.95 on Tuesday. Ag Growth International has a 52 week low of $13.10 and a 52 week high of $31.65. The stock’s fifty day moving average is $20.48 and its two-hundred day moving average is $22.39.

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.