American Capital Agency (AGNC) : 9 analysts are covering American Capital Agency (AGNC) and their average rating on the stock is 2.22, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. American Capital Agency (AGNC) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
American Capital Agency (AGNC) : Currently there are 7 street experts covering American Capital Agency (AGNC) stock. The most bullish and bearish price target for the stock is $23 and $20 respectively for the short term. The average price target of all the analysts comes to $20.86. The estimated standard deviation from the target is $1.11.
Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, Citigroup maintains its rating on American Capital Agency (NASDAQ:AGNC).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, Citigroup raises the new price target from $18 per share to $19 per share. The rating by the firm was issued on August 3, 2016.
American Capital Agency (NASDAQ:AGNC): The stock opened at $19.79 and touched an intraday high of $19.92 on Wednesday. During the day, the stock corrected to an intraday low of $19.72, however, the bulls stepped in and pushed the price higher to close in the green at $19.89 with a gain of 0.61% for the day. The total traded volume for the day was 3,181,758. The stock had closed at $19.77 in the previous trading session.
American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The Companys income comes primarily from its investments in agency mortgage-backed securities (agency MBS). The Companys investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by a United States Government agency, such as the Government National Mortgage Association (Ginnie Mae). It also invests in agency debenture securities issued by Freddie Mac, Fannie Mae or the Federal Home Loan Bank and in other agency securities. The Company is externally managed by American Capital AGNC Management, LLC, an affiliate of American Capital, Ltd.