Assured Guaranty Continues To Increase Intrinsic Value With Accretive Buybacks
Assured Guaranty, the leading bond insurance company in the US, trades at a discount to intrinsic value despite a strong stock rally. The company has successfully navigated the Puerto Rico debt restructuring and remains in a strong financial position. Higher interest rates and increased bond insurance opportunities have boosted earnings, and the management team is expected to create more value for shareholders.
Are Finance Stocks Lagging Assured Guaranty (AGO) This Year?
Here is how Assured Guaranty (AGO) and Bank of America (BAC) have performed compared to their sector so far this year.
Wall Street Analysts Think Assured Guaranty (AGO) Could Surge 25.27%: Read This Before Placing a Bet
The average of price targets set by Wall Street analysts indicates a potential upside of 25.3% in Assured Guaranty (AGO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
