American Capital Agency (NASDAQ:AGNC) : The highest short term price target forecast on American Capital Agency (NASDAQ:AGNC) is $23 and the lowest target price is $16. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $20.71 with a standard deviation of $2.36.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, Deutsche Bank, maintains their rating on the shares of American Capital Agency (NASDAQ:AGNC). Deutsche Bank has a Hold rating on the shares. As per the latest research report, the brokerage house lowers the price target to $20 per share from a prior target of $20.5. The rating by the firm was issued on February 9, 2016.
American Capital Agency (NASDAQ:AGNC): stock turned positive on Thursday. Though the stock opened at $19.3, the bulls momentum made the stock top out at $19.31 level for the day. The stock recorded a low of $19.2 and closed the trading day at $19.29, in the green by 0.21%. The total traded volume for the day was 2,090,258. The stock had closed at $19.25 in the previous days trading.
The company shares have dropped -0.88% from its 1 Year high price. On Aug 21, 2015, the shares registered one year high at $20.08 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $18.96 and the 200 Day Moving Average price is recorded at $18.17. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Federico Peter J, officer (SVP and Chief Risk Officer) of American Capital Agency Corp, had unloaded 975 shares at an average price of $18.8 in a transaction dated on June 13, 2016. The total value of the transaction was worth $18,330.
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.