American Capital Agency Corp. (NASDAQ:AGNC) target upped to $22.00, released a research note earlier today by Zacks Investment Research
- Updated: September 28, 2016
In a report issued 9/28/2016 Zacks Investment Research bumped up the target of American Capital Agency Corp. (NASDAQ:AGNC) to $22.00 reporting a possible upside of 0.13%.
On 8/3/2016, Citigroup released a statement for American Capital Agency Corp. (NASDAQ:AGNC) upped the target price from $18.00 to $19.00 that suggested a downside of -0.04%.
Just yesterday American Capital Agency Corp. (NASDAQ:AGNC) traded -1.54% lower at $19.50. AGNC’s 50-day average is $19.65 and its 200-day moving average is $19.16. With the last close up 1.64% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,749,436 shares of American Capital Agency Corp. traded, down from an avg. trading volume of 3,038,200
American Capital Agency Corp. has a 52 week low of $15.69 and a one year high of $20.10 AGNC’s total market value is presently $0.
Also covering American Capital Agency Corp.'s price target, a total of 12 brokers have issued a report on the company. The average stock price target is $19.94 with two analysts rating the company a strong buy, six brokerages rating the stock a buy, five analysts rating the stock a hold, 3 equity analysts rating the company a underperform, and lastly 0 firms rating the company a sell.
More About American Capital Agency Corp. (NASDAQ:AGNC)
American Capital Agency Corp. is a 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). The Company is externally managed by American Capital AGNC Management, LLC, an affiliate of American Capital, Ltd.
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