Home » USA Broker Ratings » Federal Agricultural Mortgage C – Consensus Indicates Potential 28.5% Upside

Federal Agricultural Mortgage C – Consensus Indicates Potential 28.5% Upside

Federal Agricultural Mortgage C with ticker code (AGM) have now 1 analysts in total covering the stock. The consensus rating is ‘Strong_Buy’. The range between the high target price and low target price is between 87 and 87 with the average target price sitting at 87. Now with the previous closing price of 67.72 this indicates there is a potential upside of 28.5%. The 50 day MA is 60.3 while the 200 day moving average is 70.69. The company has a market capitalisation of $695m. Company Website: http://www.farmermac.com

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments (LTSPC) on designated eligible mortgage loans. The USDA Guarantees segment purchases portions of certain agricultural and rural development loans guaranteed by the United States Department of Agriculture (USDA). The Rural Utilities segment purchases and guarantees securities that are backed by eligible rural utilities loans; and issues LTSPCs for pools of eligible rural utilities loans. The Institutional Credit segment engages in purchasing and guaranteeing general obligations of lenders and other financial institutions that are secured by pools of loans eligible under the Farm & Ranch, USDA Guarantees, or Rural Utilities lines of business. Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.

Join us on our new LinkedIn page

Follow us on LinkedIn