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Wall Street Analysts Are Bullish on Top Financial Picks

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There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on AGNC Investment (AGNCResearch Report) and MGIC Investment (MTGResearch Report) with bullish sentiments.

AGNC Investment (AGNC)

In a report issued on December 3, Eric Hagen from BTIG maintained a Buy rating on AGNC Investment, with a price target of $16.50. The company’s shares closed last Wednesday at $15.98.

According to TipRanks.com, Hagen is a 3-star analyst with an average return of 4.6% and a 60.0% success rate. Hagen covers the Financial sector, focusing on stocks such as Ellington Residential Mortgage, Ellington Financial, and New Residential Inv.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AGNC Investment with a $17.00 average price target.

See the top stocks recommended by analysts >>

MGIC Investment (MTG)

In a report issued on December 3, Ryan Gilbert from BTIG maintained a Buy rating on MGIC Investment, with a price target of $17.00. The company’s shares closed last Wednesday at $14.56.

According to TipRanks.com, Gilbert is a 4-star analyst with an average return of 18.9% and a 67.1% success rate. Gilbert covers the Financial sector, focusing on stocks such as Genworth Financial, Invitation Homes, and Enact Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MGIC Investment with a $17.38 average price target.

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