KBW analyst Thomas McJoynt Griffith maintained a Hold rating on Assured Guaranty (AGO – Research Report) today and set a price target of $92.00. The company’s shares closed yesterday at $78.42.
McJoynt Griffith covers the Financial sector, focusing on stocks such as Root, Lemonade, and Assured Guaranty. According to TipRanks, McJoynt Griffith has an average return of 23.9% and a 47.83% success rate on recommended stocks.
Assured Guaranty has an analyst consensus of Moderate Buy, with a price target consensus of $104.25.
Based on Assured Guaranty’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $403 million and a net profit of $157 million. In comparison, last year the company earned a revenue of $41 million and had a net profit of $11 million
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AGO in relation to earlier this year.
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Assured Guaranty (AGO) Company Description:
Assured Guaranty Ltd. is a holding company, which engages in the provision of credit protection product to the U.S. and international public finance, and structured finance markets through its subsidiaries. Its businesses include public, global infrastructure and structured finance, and reinsurance and specialty insurance. The company was founded in August 2003 and is headquartered in Hamilton, Bermuda.
