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

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

A number of research firms have commented on AGGZF. Royal Bank Of Canada raised shares of Ag Growth International from a “sector perform” rating to an “outperform” rating in a research report on Sunday, May 10th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Ag Growth International in a research report on Friday, May 1st. Finally, TD Securities reissued a “buy” rating on shares of Ag Growth International in a research note on Tuesday, May 12th.

Ag Growth International Stock Up 1.1%

AGGZF stock opened at $10.26 on Friday. The firm’s fifty day moving average is $13.47 and its 200 day moving average is $16.18. Ag Growth International has a 52 week low of $9.60 and a 52 week high of $31.35.

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.