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Apollo Commercial Real Est. Finance Inc (NYSE:ARI) has been upgraded to Buy in a statement by BidaskClub earlier today.

BidaskClub has upgraded Apollo Commercial Real Est. Finance Inc (NYSE:ARI) to Buy in a statement released on 06/21/2017.

On Monday June 12, 2017, Keefe Bruyette Woods released a statement on Apollo Commercial Real Est. Finance Inc (NYSE:ARI) bumped up the target price from $0.00 to $18.00 that suggested a downside of -0.04%.

Boasting a price of $19.06, Apollo Commercial Real Est. Finance Inc (NYSE:ARI) traded 0.11% higher on the day. With the last close up -2.57% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Apollo Commercial Real Est. Finance Inc has recorded a 50-day average of $17.96 and a two hundred day average of $18.41. Volume of trade was up over the average, with 1,371,636 shares of ARI changing hands over the typical 1,208,910

Performance Chart

Apollo Commercial Real Est. Finance Inc (NYSE:ARI)

With a total market value of $0, Apollo Commercial Real Est. Finance Inc has 52 week low of $15.54 and a 52 week high of $19.92 with a P/E ratio of 8.88 .

In addition to BidaskClub reporting its target price, a total of 7 firms have reported on the stock. The consensus target price is $16.93 with 1 firm rating the stock a strong buy, 2 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Apollo Commercial Real Est. Finance Inc (NYSE:ARI)

Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust. The Company primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities (CMBS) and other commercial real estate-related debt investments. The Company targets investments that are secured by institutional quality real estate. The Company's principal business objective is to make investments in its target assets in order to provide attractive risk adjusted returns to its stockholders over the long term, primarily through dividends and secondarily through capital appreciation. The Company is externally managed and advised by ACREFI Management, LLC.

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