AGI (NYSE:AGBK) Research Coverage Started at Itau BBA Securities

Itau BBA Securities assumed coverage on shares of AGI (NYSE:AGBK) in a research report report published on Monday, Marketbeat.com reports. The brokerage issued an outperform rating and a $15.00 price target on the stock.

AGBK has been the subject of a number of other research reports. Oppenheimer initiated coverage on shares of AGI in a report on Monday. They issued an “outperform” rating and a $15.00 price objective for the company. Morgan Stanley started coverage on shares of AGI in a report on Monday. They set an “overweight” rating and a $21.00 target price on the stock. Susquehanna assumed coverage on shares of AGI in a research note on Monday. They issued a “positive” rating and a $17.00 price target for the company. HSBC started coverage on AGI in a research report on Thursday, March 5th. They set a “buy” rating and a $15.00 price objective on the stock. Finally, Citigroup initiated coverage on AGI in a report on Monday. They issued a “buy” rating and a $18.00 target price for the company. Seven equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $17.14.

AGI Stock Down 1.7%

Shares of NYSE:AGBK 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.