AGI (NYSE:AGBK) Research Coverage Started at Oppenheimer

Oppenheimer began coverage on shares of AGI (NYSE:AGBK) in a research note released on Monday, Marketbeat.com reports. The firm issued an outperform rating and a $15.00 price target on the stock.

AGBK has been the subject of a number of other reports. HSBC initiated coverage on shares of AGI in a report on Thursday, March 5th. They issued a “buy” rating and a $15.00 price target for the company. Morgan Stanley initiated coverage on shares of AGI in a report on Monday. They set an “overweight” rating and a $21.00 target price for the company. Finally, Wall Street Zen raised AGI to a “hold” rating in a report on Saturday, February 21st. Seven equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $17.14.

AGI Trading Down 1.7%

Shares of AGI stock opened at $9.98 on Monday. AGI has a fifty-two week low of $9.95 and a fifty-two week 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.