Agiliti, Inc. (NYSE:AGTI) Receives Consensus Rating of “Buy” from Brokerages

Shares of Agiliti, Inc. (NYSE:AGTIGet Rating) have received a consensus rating of “Buy” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a buy recommendation. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $21.57.

AGTI has been the topic of a number of research analyst reports. The Goldman Sachs Group decreased their price target on Agiliti from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Monday, November 14th. Citigroup dropped their price objective on Agiliti from $24.00 to $21.00 and set a “buy” rating on the stock in a research note on Sunday, November 13th. KeyCorp dropped their price target on Agiliti from $25.00 to $23.00 and set an “overweight” rating on the stock in a research note on Friday, November 11th. Morgan Stanley dropped their price target on Agiliti from $23.00 to $20.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 11th. Finally, UBS Group decreased their price objective on Agiliti to $19.00 in a report on Wednesday.

Institutional Investors Weigh In On Agiliti

A number of institutional investors have recently made changes to their positions in AGTI. Fred Alger Management LLC raised its position in Agiliti by 22.4% during the third quarter. Fred Alger Management LLC now owns 2,272,238 shares of the company’s stock valued at $32,516,000 after purchasing an additional 415,672 shares in the last quarter. State Street Corp grew its stake in shares of Agiliti by 11.5% in the third quarter. State Street Corp now owns 562,405 shares of the company’s stock worth $8,048,000 after purchasing an additional 58,212 shares during the last quarter. Thrivent Financial for Lutherans bought a new stake in shares of Agiliti in the third quarter worth $18,815,000. UBS Asset Management Americas Inc. grew its stake in shares of Agiliti by 22.7% in the third quarter. UBS Asset Management Americas Inc. now owns 14,602 shares of the company’s stock worth $209,000 after purchasing an additional 2,702 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Agiliti by 3.1% in the third quarter. Vanguard Group Inc. now owns 3,107,769 shares of the company’s stock worth $44,473,000 after purchasing an additional 92,306 shares during the last quarter. Institutional investors own 98.96% of the company’s stock.

Agiliti Stock Performance

Shares of NYSE AGTI opened at $14.57 on Friday. The company has a market capitalization of $1.94 billion, a P/E ratio of 56.04, a price-to-earnings-growth ratio of 3.36 and a beta of 1.60. The business’s 50-day moving average price is $16.69 and its two-hundred day moving average price is $18.32. Agiliti has a one year low of $14.15 and a one year high of $23.88. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.65 and a quick ratio of 1.34.

Agiliti Company Profile

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Agiliti, Inc, together with its subsidiaries, provides healthcare technology management and service solutions to the healthcare industry in the United States. It offers onsite managed services that are comprehensive programs for the management, reprocessing, and logistics of medical equipment at individual facilities and integrated delivery networks to monitor and adjust equipment quantities and availability to address fluctuations in patient census and acuity.

Further Reading

Analyst Recommendations for Agiliti (NYSE:AGTI)

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