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

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

AGGZF has been the subject of several recent analyst reports. TD Securities reissued a “buy” rating on shares of Ag Growth International in a report on Tuesday, May 12th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Ag Growth International in a research report on Friday, May 1st. Finally, Royal Bank Of Canada upgraded Ag Growth International from a “sector perform” rating to an “outperform” rating in a research report on Sunday, May 10th.

Ag Growth International Stock Performance

OTCMKTS AGGZF opened at $13.57 on Wednesday. The business’s 50 day moving average is $15.82 and its two-hundred day moving average is $17.28. Ag Growth International has a 12-month low of $11.07 and a 12-month high of $31.42.

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.