American Capital Agency Corp. (AGNC) upgraded to Mkt Outperform with price target $31 by JMP Securities
JMP Securities rated Mkt Outperform American Capital Agency Corp. (NASDAQ: AGNC) on 03/12/2012, when the stock price was $29.77.
Since then, American Capital Agency Corp. has lost 34.63% as of 12/05/2013's recent price of $19.46. If you would have followed this JMP Securities's recommendation on AGNC, you would have lost 34.63% of your investment in 633 days.
American Capital Agency Corp.
(AGNC) is a real estate investment trust (REIT). AGNC earns income primarily from investing in single-family residential mortgage pass-through securities and collateralized mortgage obligations. These investments consist of securities, for which the principal and interest payments are guaranteed by United States Government-sponsored entities, such as the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by a United States Government agency, such as the Government National Mortgage Association (Ginnie Mae). AGNC is externally managed by American Capital Agency Management, LLC, a subsidiary of a wholly owned portfolio company of American Capital.
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