Deutsche Bank Downgrades American Capital Mortgage Investment Crp to Hold (MTGE)

Share on StockTwits

American Capital Mortgage Investment Crp (NASDAQ:MTGE) was downgraded by stock analysts at Deutsche Bank from a “buy” rating to a “hold” rating in a report issued on Friday, TheFlyOnTheWall.com reports. The analysts noted that the move was a valuation call.

American Capital Mortgage Investment Crp (NASDAQ:MTGE) opened at 20.24 on Friday. American Capital Mortgage Investment Crp has a 1-year low of $16.01 and a 1-year high of $26.62. The stock’s 50-day moving average is $19.57 and its 200-day moving average is $19.41. The company’s market cap is $1.039 billion.

American Capital Mortgage Investment Crp (NASDAQ:MTGE) last issued its quarterly earnings data on Thursday, February 6th. The company reported ($0.33) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.66 by $0.99. The company had revenue of $59.03 million for the quarter, compared to the consensus estimate of $56.91 million. During the same quarter in the prior year, the company posted $1.40 earnings per share. Analysts expect that American Capital Mortgage Investment Crp will post $2.70 EPS for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Keefe, Bruyette & Woods cut their price target on shares of American Capital Mortgage Investment Crp from $22.50 to $21.50 in a research note on Friday, February 7th. Analysts at Wunderlich upgraded shares of American Capital Mortgage Investment Crp from a “hold” rating to a “buy” rating in a research note on Friday, February 7th. They now have a $21.50 price target on the stock. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $21.74.

American Capital Mortgage Investment Corp. is a real estate investment trust (NASDAQ:MTGE).

The Fly On The Wall

Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.

Latest News

Childrens Place Given Consensus Recommendation of “Buy” by Analysts
Childrens Place Given Consensus Recommendation of “Buy” by Analysts
Costco Wholesale Given Average Rating of “Buy” by Brokerages
Costco Wholesale Given Average Rating of “Buy” by Brokerages
Cepheid Receives Average Rating of “Hold” from Analysts
Cepheid Receives Average Rating of “Hold” from Analysts
Tenet Healthcare Corp Receives Consensus Recommendation of “Hold” from Brokerages
Tenet Healthcare Corp Receives Consensus Recommendation of “Hold” from Brokerages
N Brown Group plc Given Average Recommendation of “Hold” by Brokerages
N Brown Group plc Given Average Recommendation of “Hold” by Brokerages
Glencore PLC Given Average Recommendation of “Hold” by Brokerages
Glencore PLC Given Average Recommendation of “Hold” by Brokerages


Leave a Reply

 
© 2006-2014 Mideast Time.