Needham & Company LLC Reaffirms “Hold” Rating for agilon health (NYSE:AGL)

Needham & Company LLC reissued their hold rating on shares of agilon health (NYSE:AGL) in a research note published on Friday morning,Benzinga reports.

Several other brokerages have also commented on AGL. Sanford C. Bernstein upped their price target on shares of agilon health from $2.50 to $3.15 and gave the stock a “market perform” rating in a research report on Wednesday, January 15th. Macquarie began coverage on shares of agilon health in a research report on Monday, December 16th. They set a “neutral” rating and a $3.00 price target for the company. Stifel Nicolaus upped their price target on shares of agilon health from $2.00 to $3.00 and gave the stock a “hold” rating in a research report on Wednesday, February 26th. Royal Bank of Canada upped their price target on shares of agilon health from $3.00 to $3.50 and gave the stock an “outperform” rating in a research report on Wednesday, February 26th. Finally, Citigroup raised shares of agilon health from a “sell” rating to a “neutral” rating and upped their price target for the stock from $1.75 to $2.25 in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $3.95.

agilon health Stock Performance

NYSE:AGL opened at $4.51 on Friday. The firm has a 50 day simple moving average of $3.51 and a 200-day simple moving average of $2.94. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.29 and a quick ratio of 1.29. The firm has a market cap of $1.86 billion, a PE ratio of -4.80 and a beta of 0.67. agilon health has a 1-year low of $1.50 and a 1-year high of $7.73.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AGL. Oak Thistle LLC bought a new position in agilon health during the 4th quarter valued at $25,000. Ieq Capital LLC bought a new position in agilon health during the 4th quarter valued at $26,000. Signaturefd LLC boosted its stake in agilon health by 143.0% during the 4th quarter. Signaturefd LLC now owns 14,388 shares of the company’s stock valued at $27,000 after acquiring an additional 8,467 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in agilon health during the 3rd quarter valued at $28,000. Finally, Humankind Investments LLC bought a new position in agilon health during the 4th quarter valued at $30,000.

agilon health Company Profile

agilon health, inc. provides healthcare services for seniors through primary care physicians in the communities of the United States. It offers a platform that manages the total healthcare needs of the patients by subscription-like per-member per-month. The company was formerly known as Agilon Health Topco, Inc and changed its name to agilon health, inc.