RBC Lowers AGNC Investment Price Target to $14.00

According to The Fly, equities researchers at Royal Bank of Canada decreased AGNC Investment’s target price from $17.00 to $14.00 in a study released on Monday.

The price target set by the Royal Bank of Canada represents a potential upside of 12.99 percent from the company’s current price. Other research firms have also recently published studies on AGNC.

In a report issued on Thursday, May 5th, Piper Sandler raised AGNC Investment from a “neutral” rating to an “overweight” rating and dropped their target price for the firm from $13.50 to $13.00.

In a research released on Wednesday, May 4th, Maxim Group cut their target price for AGNC Investment from $17.00 to $13.00.

In a report released on Monday, April 25th, JPMorgan Chase & Co. downgraded AGNC Investment from an “overweight” to a “neutral” rating and dropped their target price for the firm from $14.50 to $11.50.

In a research released on Wednesday, April 27th, Barclays cut their target price on AGNC Investment from $15.00 to $13.00. Finally, on Thursday, March 31st, StockNews.com assumed coverage on AGNC Investment shares in a research note. They assigned the corporation a “hold” grade.