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.
American Capital Agency (AGNC) : The consensus on American Capital Agency (AGNC) based on 9 analyst recommendation on the company stock is 2.22, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Also, Equity Analysts at the Citigroup maintains the rating on American Capital Agency (NASDAQ:AGNC). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the 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 $19.35 on Thursday but the bulls could not build on the opening and the stock topped out at $19.38 for the day. The stock traded down to $19.08 during the day, due to lack of any buying support eventually closed down at $19.21 with a loss of -0.52% for the day. The stock had closed at $19.31 on the previous day. The total traded volume was 3,318,886 shares.
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.