UBS Group Cuts Agiliti (NYSE:AGTI) Price Target to $19.00

Agiliti (NYSE:AGTIGet Rating) had its price objective lowered by UBS Group to $19.00 in a report released on Wednesday morning, Stock Target Advisor reports.

Several other research analysts have also recently issued reports on AGTI. The Goldman Sachs Group decreased their price objective on shares of Agiliti from $23.00 to $20.00 and set a buy rating for the company in a report on Monday, November 14th. Citigroup decreased their price objective on shares of Agiliti from $24.00 to $21.00 and set a buy rating for the company in a report on Sunday, November 13th. Raymond James reduced their target price on shares of Agiliti from $22.00 to $20.00 and set an outperform rating for the company in a report on Tuesday, November 15th. KeyCorp reduced their target price on shares of Agiliti from $25.00 to $23.00 and set an overweight rating for the company in a report on Friday, November 11th. Finally, Morgan Stanley reduced their target price on shares of Agiliti from $23.00 to $20.00 and set an overweight rating for the company in a report on Tuesday, October 11th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Agiliti currently has a consensus rating of Buy and a consensus target price of $21.57.

Agiliti Trading Up 0.8 %

Agiliti stock opened at $14.57 on Wednesday. The firm has a 50 day simple moving average of $16.62 and a 200-day simple moving average of $18.28. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.65 and a quick ratio of 1.34. The stock has a market capitalization of $1.94 billion, a PE ratio of 56.04, a price-to-earnings-growth ratio of 3.27 and a beta of 1.60. Agiliti has a 12-month low of $14.15 and a 12-month high of $23.88.

Institutional Investors Weigh In On Agiliti

Hedge funds have recently made changes to their positions in the company. Macquarie Group Ltd. purchased a new stake in shares of Agiliti in the 2nd quarter valued at approximately $28,000. Amalgamated Bank purchased a new stake in shares of Agiliti in the 1st quarter valued at approximately $81,000. Dark Forest Capital Management LP purchased a new stake in shares of Agiliti in the 2nd quarter valued at approximately $99,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of Agiliti in the 2nd quarter valued at approximately $142,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Agiliti in the 3rd quarter valued at approximately $117,000. Hedge funds and other institutional investors own 98.96% of the company’s stock.

About Agiliti

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Agiliti, Inc, together with its subsidiaries, provides healthcare technology management and service solutions to the healthcare industry in the United States. It offers onsite managed services that are comprehensive programs for the management, reprocessing, and logistics of medical equipment at individual facilities and integrated delivery networks to monitor and adjust equipment quantities and availability to address fluctuations in patient census and acuity.

Further Reading

Analyst Recommendations for Agiliti (NYSE:AGTI)

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