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

Ag Growth International Inc. (OTCMKTS:AGGZF) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Several research firms have weighed in on AGGZF. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Ag Growth International in a research report on Monday, January 12th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Ag Growth International in a research report on Tuesday, January 13th. National Bank Financial restated an “outperform” rating on shares of Ag Growth International in a research report on Monday, December 1st. Raymond James Financial downgraded Ag Growth International from an “outperform” rating to a “market perform” rating in a research note on Friday, November 14th. Finally, Desjardins reiterated a “buy” rating on shares of Ag Growth International in a research note on Monday, January 12th.

Ag Growth International Trading Down 2.8%

Shares of OTCMKTS:AGGZF opened at $20.77 on Friday. The firm’s 50 day moving average price is $19.14 and its 200-day moving average price is $23.41. Ag Growth International has a twelve month low of $13.10 and a twelve month high of $31.65.

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.