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

Ag Growth International Inc. (OTCMKTS:AGGZF) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

Several research analysts have weighed in on AGGZF shares. 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. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Ag Growth International in a report on Friday, May 1st. Finally, TD Securities reiterated a “buy” rating on shares of Ag Growth International in a research report on Tuesday, May 12th.

Ag Growth International Stock Performance

Shares of AGGZF stock opened at $13.57 on Wednesday. Ag Growth International has a 52-week low of $11.07 and a 52-week high of $31.42. The stock’s 50-day moving average price is $15.82 and its 200 day moving average price is $17.28.

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.