American Capital Agency Corp. Price Target Lowered to $22.00 at Jefferies Group (AGNC)
Stock analysts at Jefferies Group cut their price target on shares of American Capital Agency Corp. (NASDAQ:AGNC) from $23.00 to $22.00 in a report issued on Wednesday, AnalystRatings.Net reports. Jefferies Group’s target price indicates a potential upside of 1.06% from the stock’s previous close.
A number of other analysts have also recently weighed in on AGNC. Analysts at JPMorgan Chase & Co. upgraded shares of American Capital Agency Corp. from a “neutral” rating to an “overweight” rating in a research note to investors on Wednesday. They now have a $22.00 price target on the stock, up previously from $20.00. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of American Capital Agency Corp. in a research note to investors on Tuesday. They now have a $22.75 price target on the stock, down previously from $24.00. Finally, analysts at Zacks upgraded shares of American Capital Agency Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, January 16th. They now have a $21.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $23.81.
American Capital Agency Corp. (NASDAQ:AGNC) traded up 2.06% during mid-day trading on Wednesday, hitting $21.77. The stock had a trading volume of 9,181,403 shares. American Capital Agency Corp. has a 1-year low of $18.84 and a 1-year high of $33.31. The stock’s 50-day moving average is $20.15 and its 200-day moving average is $21.64. The company has a market cap of $8.366 billion and a price-to-earnings ratio of 3.67. American Capital Agency Corp. also saw unusually large options trading on Tuesday. Stock traders acquired 5,093 put options on the stock. This is an increase of approximately 171% compared to the average daily volume of 1,876 put options.
American Capital Agency Corp. (NASDAQ:AGNC) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.75 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.63 by $0.12. The company had revenue of $421.00 million for the quarter. During the same quarter last year, the company posted $0.89 earnings per share.
American Capital Agency Corp. (NASDAQ:AGNC) is a real estate investment trust (REIT).
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