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AG Mortgage Investment Trust Inc has a consensus price target of $8 based on the ratings of 8 analysts. The high is $9 issued by Piper Sandler on July 26, 2024. The low is $7 issued by UBS on December 6, 2023. The 3 most-recent analyst ratings were released by Jones Trading, Jones Trading, and Piper Sandler on November 5, 2024, August 5, 2024, and July 26, 2024, respectively. With an average price target of $8.33 between Jones Trading, Jones Trading, and Piper Sandler, there's an implied 20.36% upside for AG Mortgage Investment Trust Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for AG Mortgage IT (NYSE:MITT) was reported by Jones Trading on November 5, 2024. The analyst firm set a price target for $8.00 expecting MITT to rise to within 12 months (a possible 15.54% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for AG Mortgage IT (NYSE:MITT) was provided by Jones Trading, and AG Mortgage IT maintained their buy rating.
There is no last upgrade for AG Mortgage IT
The last downgrade for AG Mortgage Investment Trust Inc happened on July 18, 2022 when Keefe, Bruyette & Woods changed their price target from N/A to $8.5 for AG Mortgage Investment Trust Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of AG Mortgage IT, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for AG Mortgage IT was filed on November 5, 2024 so you should expect the next rating to be made available sometime around November 5, 2025.
While ratings are subjective and will change, the latest AG Mortgage IT (MITT) rating was a maintained with a price target of $8.00 to $8.00. The current price AG Mortgage IT (MITT) is trading at is $6.92, which is out of the analyst’s predicted range.
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