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

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

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

Ag Growth International Price Performance

Shares of OTCMKTS AGGZF opened at $14.51 on Wednesday. The company’s fifty day simple moving average is $15.54 and its 200 day simple moving average is $17.17. Ag Growth International has a 12-month low of $11.07 and a 12-month high of $31.39.

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.