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American Capital Mortgage Investment Corp. (NASDAQ:MTGE) was upgraded by research analysts at Wunderlich from a “hold” rating to a “buy” rating in a report released on Friday, TheFlyOnTheWall.com reports. The firm currently has a $21.50 price target on the stock. Wunderlich’s price objective suggests a potential upside of 9.97% from the company’s current price. The analysts noted that the move was a valuation call.

Shares of American Capital Mortgage Investment Corp. (NASDAQ:MTGE) opened at 19.55 on Friday. American Capital Mortgage Investment Corp. has a one year low of $16.01 and a one year high of $26.71. The stock’s 50-day moving average is $18.61 and its 200-day moving average is $19.35. The company’s market cap is $1.034 billion.

American Capital Mortgage Investment Corp. (NASDAQ:MTGE) last announced its earnings results on Thursday, February 6th. The company reported ($0.33) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.66 by $0.99. The company had revenue of $59.03 million for the quarter, compared to the consensus estimate of $56.91 million. During the same quarter last year, the company posted $1.40 earnings per share. Analysts expect that American Capital Mortgage Investment Corp. will post $2.78 EPS for the current fiscal year.

Separately, analysts at UBS AG cut their price target on shares of American Capital Mortgage Investment Corp. from $24.00 to $20.50 in a research note to investors on Friday, November 15th. They now have a “buy” rating on the stock. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $22.60.

American Capital Mortgage Investment Corp. was formed to invest in and manage a leveraged portfolio of agency mortgage investments, non-agency mortgage investments and other mortgage-related investments.

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