AGI (NYSE:AGBK) Earns Buy Rating from Analysts at HSBC

HSBC assumed coverage on shares of AGI (NYSE:AGBK) in a report released on Thursday morning, Marketbeat.com reports. The firm issued a buy rating and a $15.00 price objective on the stock.

Separately, Wall Street Zen raised shares of AGI to a “hold” rating in a research report on Saturday, February 21st. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, AGI has an average rating of “Buy” and an average price target of $15.00.

AGI Stock Performance

NYSE:AGBK opened at $10.54 on Thursday. AGI has a 12-month low of $10.21 and a 12-month 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.