AGI Inc (NYSE:AGBK) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analysts give AGI a consensus "Moderate Buy" rating from eight analysts (seven buys, one hold) with an average 12‑month price target of $17.14, including notable initiations like Goldman Sachs (buy, $19) and HSBC ($15).
• In the most recent quarter AGI reported EPS of $0.05, missing estimates by $0.22, while revenue of $547.8 million slightly beat the $541.66 million consensus.
• Shares opened at $7.39, with a market cap of $1.18 billion and a P/E of 147.8, trading near their one‑year low ($6.46) and well below analysts' average targets, implying significant upside if estimates hold.

Shares of AGI Inc (NYSE:AGBK - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the eight analysts that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $17.1429.

A number of brokerages have commented on AGBK. Itau BBA Securities began coverage on shares of AGI in a research report on Monday, March 9th. They set an "outperform" rating and a $15.00 price objective for the company. The Goldman Sachs Group began coverage on shares of AGI in a research report on Monday, March 9th. They set a "buy" rating and a $19.00 price objective for the company. Wall Street Zen upgraded shares of AGI to a "hold" rating in a research report on Saturday, February 21st. Oppenheimer began coverage on shares of AGI in a research report on Monday, March 9th. They set an "outperform" rating and a $15.00 price objective for the company. Finally, HSBC initiated coverage on shares of AGI in a research report on Thursday, March 5th. They set a "buy" rating and a $15.00 price objective for the company.

AGI Stock Performance

Shares of AGI stock opened at $7.39 on Tuesday. The stock has a market cap of $1.18 billion and a P/E ratio of 147.80. AGI has a one year low of $6.46 and a one year high of $12.21. The stock's fifty day moving average price is $9.06.

AGI (NYSE:AGBK - Get Free Report) last announced its quarterly earnings data on Monday, March 23rd. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.27 by ($0.22). The business had revenue of $547.80 million for the quarter, compared to the consensus estimate of $541.66 million.

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.

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