A statement released earlier today by Vetr Inc. about AGNC Investment Corp (NASDAQ:AGNC) bumps the target price to $19.53
- Updated: October 8, 2016
Vetr Inc. bumped up the target of AGNC Investment Corp (NASDAQ:AGNC) to $19.53 indicating a possible downside of 0.00%.
Yesterday AGNC Investment Corp (NASDAQ:AGNC) traded 1.12% higher at $19.55. The company’s 50-day moving average is $19.49 and its 200-day moving average is $19.19. The last stock close price is up -1.41% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 3,017,290 shares of the stock were exchanged, up from an average trading volume of 2,933,610
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AGNC Investment Corp has a with a one year low of $15.69 and a one year high of $20.10 AGNC’s total market value is presently $0.
A total of 12 analysts have released a research note on AGNC. Two analysts rating the company a strong buy, six analysts rating the company a buy, five analysts rating the company a hold, three analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $19.94.
More About AGNC Investment Corp (NASDAQ:AGNC)
AGNC Investment Corp., formerly American Capital Agency Corp., is an internally managed real estate investment trust (REIT). The Company primarily invests on a leveraged basis in agency mortgage-backed securities (agency MBS). The Company's investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are 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 the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs). The Company also invests in other assets related to agency securities and approximately 10% of its assets in AAA non-agency and commercial mortgage-backed securities (collectively, AAA non-agency MBS).
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