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

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

Several brokerages have recently commented on AGGZF. 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 Ag Growth International from a “sector perform” rating to an “outperform” rating in a research note on Sunday, May 10th. Finally, TD Securities reissued a “buy” rating on shares of Ag Growth International in a research report on Tuesday, May 12th.

Ag Growth International Price Performance

OTCMKTS AGGZF opened at $18.13 on Tuesday. Ag Growth International has a 12-month low of $11.07 and a 12-month high of $31.65. The firm has a 50-day moving average price of $15.45 and a two-hundred day moving average price of $17.80.

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.