AGI (NYSE:AGBK) Research Coverage Started at The Goldman Sachs Group

The Goldman Sachs Group assumed coverage on shares of AGI (NYSE:AGBK) in a research note released on Monday, MarketBeat reports. The brokerage issued a buy rating and a $19.00 price target on the stock.

A number of other brokerages have also commented on AGBK. Oppenheimer initiated coverage on AGI in a research report on Monday. They issued an “outperform” rating and a $15.00 target price on the stock. Morgan Stanley initiated coverage on shares of AGI in a research report on Monday. They set an “overweight” rating and a $21.00 price target for the company. HSBC initiated coverage on shares of AGI in a research note on Thursday, March 5th. They set a “buy” rating and a $15.00 price objective for the company. Citigroup started coverage on shares of AGI in a research note on Monday. They issued a “buy” rating and a $18.00 price objective on the stock. Finally, Wall Street Zen upgraded shares of AGI to a “hold” rating in a research report on Saturday, February 21st. Seven research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $17.14.

AGI Price Performance

Shares of AGBK 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.