AGI Inc (NYSE:AGBK) Receives $17.14 Consensus PT from Analysts

Shares of AGI Inc (NYSE:AGBK) have received an average recommendation of “Buy” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $17.1429.

Several research firms have recently issued reports on AGBK. HSBC assumed coverage on AGI in a report on Thursday, March 5th. They set a “buy” rating and a $15.00 target price on the stock. Wall Street Zen raised shares of AGI to a “hold” rating in a research report on Saturday, February 21st. Citigroup started coverage on shares of AGI in a research report on Monday. They issued a “buy” rating and a $18.00 target price for the company. Oppenheimer started coverage on shares of AGI in a report on Monday. They set an “outperform” rating and a $15.00 price target for the company. Finally, The Goldman Sachs Group began coverage on shares of AGI in a research report on Monday. They set a “buy” rating and a $19.00 price target on the stock.

AGI Stock Down 1.7%

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

About AGI

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.