Brokerages Set AGI Inc (NYSE:AGBK) Target Price at $14.14

AGI Inc (NYSE:AGBK – Get Free Report) has earned an average recommendation of “Hold” from the nine analysts that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $14.1429.

A number of brokerages have issued reports on AGBK. Zacks Research downgraded AGI from a “hold” rating to a “strong sell” rating in a report on Thursday, July 16th. Weiss Ratings reiterated a “sell (d)” rating on shares of AGI in a report on Friday, August 7th. The Goldman Sachs Group set a $13.00 target price on AGI in a research report on Thursday, August 6th. Finally, Oppenheimer decreased their target price on AGI from $10.00 to $9.00 and set an “outperform” rating for the company in a research note on Friday, August 7th.

Get AGI alerts:

Check Out Our Latest Stock Analysis on AGI

Insider Buying and Selling at AGI

In related news, CTO Vinicius Birkeland Aloe sold 256,386 shares of the stock in a transaction on Monday, August 31st. The shares were sold at an average price of $11.99, for a total value of $3,074,068.14. Following the transaction, the chief technology officer directly owned 176,423 shares of the company’s stock, valued at $2,115,311.77. This trade represents a 59.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

AGI Stock Performance

Shares of AGBK stock opened at $6.74 on Monday. The company has a market cap of $1.08 billion and a P/E ratio of 11.42. The firm has a fifty day moving average price of $6.69 and a 200 day moving average price of $7.63. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.31. AGI has a 12 month low of $5.91 and a 12 month high of $12.21.

AGI Company Profile

(Get Free Report)

Our mission is to revolutionize financial services for the largest and fastest growing segment of Brazil’s population: individuals who have been underserved by incumbent banks and have not been effectively reached by digital-only banks. We seek to make credit and banking solutions more accessible and affordable for the Brazilian consumers who we believe need it the most, including social security beneficiaries and private and public sector workers. We have designed a unique value proposition for this population, who may be older, have a lower income, be less tech-savvy or have less access to education.

Featured Stories

• Five stocks we like better than AGI
• AI Token Costs Are Changing the Hardware vs. Software Debate
• 3 ETFs That Could Move as Rate Expectations Shift
• 3 Stocks With September Catalysts Investors Shouldn’t Ignore
• Ollie’s Bargain Outlet Stock Falls on Weak Comps Despite Margin Gains

Receive News & Ratings for AGI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGI and related companies with MarketBeat.com's FREE daily email newsletter.