Assured Guaranty Ltd. which can be found using ticker (AGO) now have 3 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 84 and 70 suggesting an average Analsyt target price of $78.00. Given that the stocks previous close was at $53.70 and the analysts are correct then there would likely be a percentage uptick in value of 45.3%. There is a 50 day moving average of $54.92 while the 200 day moving average is $56.76. The company has a market cap of $3,196m. You can visit the company’s website by visiting: https://www.assuredguaranty.com
The potential market cap would be $4,642m based on the market consensus.
Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. The company operates in two segments, Insurance and Asset Management. It offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. In addition, the company insures and reinsures various debt obligations, including bonds issued by the United States state governmental authorities; and notes issued to finance infrastructure projects. Further, it insures and reinsures various the U.S. public finance obligations, such as general obligation, tax-backed, municipal utility, transportation, healthcare, higher education, infrastructure, housing revenue, investor-owned utility, renewable energy, and other public finance bonds. Additionally, the company is involved in insuring and reinsuring of non-U.S. public finance obligations comprising regulated utilities, infrastructure finance, sovereign and sub-sovereign, renewable energy bonds, pooled infrastructure, and other public finance obligations; and the U.S. and non-U.S. Structured finance obligations, including residential mortgage-backed securities, life insurance transactions, consumer receivables securities, pooled corporate obligations, and financial products. Furthermore, it offers specialty insurance and reinsurance that include life and aircraft residual value insurance transactions; and asset management services comprising investment advisory services. It markets its financial guaranty insurance directly to issuers and underwriters of public finance and structured finance securities, as well as to investors in such obligations. Assured Guaranty Ltd. was incorporated in 2003 and is headquartered in Hamilton, Bermuda.
The company has a dividend yield of 2.09% with the ex dividend date set at 7-3-2023 (DMY).
Other points of data to note are a P/E ratio of 28.06, revenue per share of 13.01 and a 1.29% return on assets.
