Analysts at KBW upped their price target on shares of Assured Guaranty Ltd (NYSE: AGO) from $16.00 to $19.00 in a research report issued to clients and investors on Friday. The firm currently has a “market perform” rating on the stock.
A number of other firms have also recently commented on AGO. Analysts at Zacks upgraded shares of Assured Guaranty Ltd from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, January 29th. They now have a $18.20 price target on the stock. Analysts at UBS AG raised their price target on shares of Assured Guaranty Ltd from $18.00 to $21.00 in a research note to investors on Monday, January 28th. They now have a “buy” rating on the stock.
Shares of Assured Guaranty Ltd traded up 1.02% during mid-day trading on Friday, hitting $18.86. Assured Guaranty Ltd has a one year low of $11.17 and a one year high of $20.19. The stock’s 50-day moving average is currently $17.69. The company’s market cap is $3.659 billion.
Assured Guaranty Ltd last released its earnings data on Wednesday, February 27th. The company reported $0.95 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.70 by $0.25. The company had revenue of $229.00 million for the quarter, compared to the consensus estimate of $198.33 million. On average, analysts predict that Assured Guaranty Ltd will post $2.60 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, March 7th. Stockholders of record on Thursday, February 21st will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.12%. The ex-dividend date is Tuesday, February 19th.
Assured Guaranty Ltd. (AGL) is a holding company that provides, through its operating subsidiaries, credit protection products to the public finance, infrastructure and structured finance markets in the United States, as well as internationally.
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