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

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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).

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