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

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

AGGZF has been the topic of a number of recent analyst reports. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Ag Growth International in a report on Friday, May 1st. 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. Finally, TD Securities restated a “buy” rating on shares of Ag Growth International in a report on Tuesday, May 12th.

Ag Growth International Price Performance

OTCMKTS AGGZF opened at $14.53 on Friday. The company’s 50-day simple moving average is $15.67 and its two-hundred day simple moving average is $17.50. Ag Growth International has a one year low of $11.07 and a one year 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.