American Capital Agency (AGNC) has an average broker rating of 2.22, which is interpreted as a Buy, as rated by 9 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
American Capital Agency (AGNC) : 7 investment research analysts covering American Capital Agency (AGNC) have an average price target of $20.86 for the near short term. The highest target price given by the Brokerage Firm to the stock is $23 and the lowest target is $20 for the short term. Analysts expect the variance to be within $1.11 of the average price.
Also, Major Brokerage house, Citigroup maintains its ratings on American Capital Agency (NASDAQ:AGNC). In the latest research report, Citigroup raises the target price from $18 per share to $19 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on August 3, 2016.
American Capital Agency (NASDAQ:AGNC): After opening at $19.47, the stock dipped to an intraday low of $19.19 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $19.47 and the buying power remained strong till the end. The stock closed at $19.36 for the day, a gain of 0.31% for the day session. The total traded volume was 2,974,699. The stocks close on the previous trading day was $19.3.
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.