UBS Remains a Hold on Assured Guaranty (AGO)
In a report released on November 14, Brian Meredith from UBS maintained a Hold rating on Assured Guaranty, with a price target of $94.00. The company’s shares closed last Friday at $87.46.
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Meredith covers the Financial sector, focusing on stocks such as Assurant, Allstate, and W. R. Berkley Corporation. According to TipRanks, Meredith has an average return of 12.5% and a 77.49% success rate on recommended stocks.
Currently, the analyst consensus on Assured Guaranty is a Hold with an average price target of $94.00.
Based on Assured Guaranty’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $207 million and a net profit of $105 million. In comparison, last year the company earned a revenue of $252 million and had a net profit of $171 million
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