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

Citigroup began coverage on shares of AGI (NYSE:AGBK) in a research report report published on Monday morning, Marketbeat.com reports. The brokerage issued a buy rating and a $18.00 price objective on the stock.

Other equities analysts also recently issued research reports about the company. Morgan Stanley began coverage on AGI in a research report on Monday. They set an “overweight” rating and a $21.00 price objective on the stock. Susquehanna began coverage on AGI in a report on Monday. They issued a “positive” rating and a $17.00 target price for the company. Wall Street Zen upgraded AGI to a “hold” rating in a report on Saturday, February 21st. HSBC began coverage on shares of AGI in a research report on Thursday, March 5th. They set a “buy” rating and a $15.00 price target on the stock. Finally, Oppenheimer initiated coverage on shares of AGI in a research report on Monday. They set an “outperform” rating and a $15.00 price objective for the company. Seven analysts have rated the stock with a Buy rating, According to MarketBeat.com, AGI presently has a consensus rating of “Buy” and a consensus price target of $17.14.

AGI Trading Down 1.7%

Shares of AGBK opened at $9.98 on Monday. AGI has a one year low of $9.95 and a one 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.