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

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

A number of research firms have recently issued reports on AGGZF. Raymond James Financial downgraded 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 reissued an “outperform” rating on shares of Ag Growth International in a research note on Monday, December 1st. Royal Bank Of Canada restated a “sector perform” rating on shares of Ag Growth International in a report on Tuesday, January 13th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Ag Growth International in a research report on Monday, January 12th. Finally, Desjardins reaffirmed a “buy” rating on shares of Ag Growth International in a research note on Monday, January 12th.

Ag Growth International Trading Down 4.2%

Shares of AGGZF opened at $19.02 on Tuesday. The stock has a 50-day moving average price of $20.58 and a 200-day moving average price of $22.14. Ag Growth International has a 12-month low of $13.10 and a 12-month high of $31.65.

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.