TD Cowen Forecasts Strong Price Appreciation for agilon health (NYSE:AGL) Stock

agilon health (NYSE:AGL - Free Report) had its target price hoisted by TD Cowen from $3.50 to $6.00 in a research note published on Tuesday,Benzinga reports. They currently have a hold rating on the stock.

A number of other research analysts also recently weighed in on the company. Macquarie started coverage on agilon health in a report on Monday, December 16th. They issued a "neutral" rating and a $3.00 target price on the stock. Robert W. Baird dropped their price objective on shares of agilon health from $6.00 to $5.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. Sanford C. Bernstein raised shares of agilon health from a "market perform" rating to an "outperform" rating and upped their target price for the company from $3.30 to $8.50 in a report on Tuesday, April 8th. Royal Bank of Canada increased their price target on shares of agilon health from $3.00 to $3.50 and gave the stock an "outperform" rating in a research report on Wednesday, February 26th. Finally, Citigroup raised shares of agilon health from a "sell" rating to a "neutral" rating and boosted their price objective for the company from $1.75 to $2.25 in a research report on Friday, January 10th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $4.60.

agilon health Stock Performance

NYSE:AGL traded down $1.45 during trading hours on Tuesday, reaching $4.02. The company had a trading volume of 22,402,423 shares, compared to its average volume of 4,784,419. The firm has a market cap of $1.66 billion, a price-to-earnings ratio of -4.28 and a beta of 0.38. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.06. The firm's 50 day moving average price is $4.14 and its 200-day moving average price is $3.11. agilon health has a 52 week low of $1.50 and a 52 week high of $7.73.

Institutional Trading of agilon health

Hedge funds have recently bought and sold shares of the stock. Oak Thistle LLC purchased a new stake in shares of agilon health in the fourth quarter worth about $25,000. Ieq Capital LLC purchased a new stake in shares of agilon health during the 4th quarter worth approximately $26,000. Signaturefd LLC boosted its position in shares of agilon health by 143.0% during the 4th quarter. Signaturefd LLC now owns 14,388 shares of the company's stock valued at $27,000 after acquiring an additional 8,467 shares during the last quarter. Humankind Investments LLC purchased a new position in shares of agilon health in the fourth quarter valued at $30,000. Finally, Raymond James Financial Inc. bought a new stake in agilon health in the fourth quarter worth $33,000.

About agilon health

agilon health, inc. provides healthcare services for seniors through primary care physicians in the communities of the United States. It offers a platform that manages the total healthcare needs of the patients by subscription-like per-member per-month. The company was formerly known as Agilon Health Topco, Inc and changed its name to agilon health, inc.