AGI (NYSE:AGBK) Earns Positive Rating from Analysts at Susquehanna

Susquehanna assumed coverage on shares of AGI (NYSE:AGBK) in a report released on Monday morning, MarketBeat reports. The firm issued a positive rating and a $17.00 price objective on the stock.

Other equities analysts have also issued reports about the company. Oppenheimer started coverage on AGI in a research note on Monday. They set an “outperform” rating and a $15.00 price target for the company. Wall Street Zen raised AGI to a “hold” rating in a research note on Saturday, February 21st. HSBC began coverage on AGI in a research note on Thursday, March 5th. They set a “buy” rating and a $15.00 target price for the company. Finally, Morgan Stanley started coverage on AGI in a report on Monday. They set an “overweight” rating and a $21.00 target price on the stock. Seven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, AGI currently has a consensus rating of “Buy” and a consensus price target of $17.14.

AGI Stock Performance

Shares of AGI stock opened at $9.98 on Monday. AGI has a 1-year low of $9.95 and a 1-year high of $12.21.

AGI Company Profile

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.