Published On: Wed, Oct 19th, 2016

Analyst Coverage: AG Mortgage Investment Trust, Inc. (NYSE:MITT)


Recently stock market analysts have updated their consensus ratings on shares of AG Mortgage Investment Trust, Inc. (NYSE:MITT).

Most recent broker ratings

08/08/2016 – AG Mortgage Investment Trust, Inc. had its “hold” rating reiterated by analysts at Wunderlich. They now have a USD 17 price target on the stock.

03/10/2016 – AG Mortgage Investment Trust, Inc. had its “buy” rating reiterated by analysts at Deutsche Bank. They now have a USD 17 price target on the stock.

02/29/2016 – AG Mortgage Investment Trust, Inc. had its “buy” rating reiterated by analysts at Maxim Group. They now have a USD 18 price target on the stock.

01/15/2016 – AG Mortgage Investment Trust, Inc. was downgraded to “market perform” by analysts at Wells Fargo.

08/17/2015 – AG Mortgage Investment Trust, Inc. had its “market perform” rating reiterated by analysts at Keefe, Bruyette & Woods. They now have a USD 17.5 price target on the stock.

01/07/2015 – AG Mortgage Investment Trust, Inc. was upgraded to “outperform” by analysts at Zacks. They now have a USD 20.9 price target on the stock.

10/24/2014 – AG Mortgage Investment Trust, Inc. was downgraded to “market perform” by analysts at JMP Securities.

09/12/2014 – AG Mortgage Investment Trust, Inc. had its “buy” rating reiterated by analysts at Compass Point. They now have a USD 21.5 price target on the stock.

05/27/2014 – AG Mortgage Investment Trust, Inc. had its “neutral” rating reiterated by analysts at Credit Suisse. They now have a USD 18.5 price target on the stock.

AG Mortgage Investment Trust, Inc. has a 50 day moving average of 15.60 and a 200 day moving average of 14.61. The stock’s market capitalization is 421.27M, it has a 52-week low of 10.33 and a 52-week high of 16.43.

The share price of the company (NYSE:MITT) was up +0.87%, with a high of 15.20during the day and the volume of AG Mortgage Investment Trust, Inc. shares traded was 104404.

AG Mortgage Investment Trust, Inc. is a real estate investment trust (REIT). The Company is focused on investing in, acquiring and managing a diversified portfolio of residential mortgage assets, other real estate-related securities and financial assets, which the Company refers to as its target assets. It is also focused on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise, such as The Federal National Mortgage Association (Fannie Mae) or The Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, GSEs), or any agency of the United States Government, such as The Government National Mortgage Association (Ginnie Mae) (collectively Agency RMBS), and other real estate-related securities and financial assets, including Non-Agency RMBS, asset backed securities (ABS), commercial mortgage-backed securities (CMBS) and loans. The majority of its portfolio consists of mortgage-backed securities, specifically RMBS.