Wedbush disclosed Colony Capital (NYSE:CLNY), hiking its price target to $26.00 earlier today
- Updated: October 8, 2016
Having a price of $18.21, Colony Capital (NYSE:CLNY) traded -1.55% lower on the day. With the last close up 1.71% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. CLNY has recorded a 50-day average of $18.18 and a two hundred day average of $17.51. Trade Volume was up over the average, with 1,404,944 shares of CLNY changing hands over the typical 1,213,280
Reporting a potential upside of 0.43%, Wedbush upped the price target of Colony Capital (NYSE:CLNY) to $26.00
On 10/05/2016, Wedbush released a statement on Colony Capital (NYSE:CLNY) upped the target price from $0.00 to $26.00 that suggested an upside of 0.43%.
Recent Performance Chart
Colony Capital has PE ratio of 17.26 with a one year low of $14.73 and a one year high of $22.18 and has a market capitalization of $0.
A total of 4 analysts have released a report on Colony Capital. zero analysts rating the company a strong buy, three analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $24.00.
General Company Details For Colony Capital (NYSE:CLNY)
Colony Capital, Inc., formerly Colony Financial, Inc., is a global real estate and investment management company. The Company operates through five segments: Real Estate Equity, including Light industrial real estate assets and operating platform; Single-family residential rentals through an investment in Colony Starwood Homes and Other real estate equity investments; Real Estate Debt, which includes loan originations and acquisitions, and Investment Management, which includes investment management of the Company-sponsored funds and other investment vehicles. Through its global investment management business, it has over $18.8 billion of assets under management. Its business objective is to provide risk-adjusted returns to its investors through a diversified portfolio of direct and indirect real estate-related equity and real estate debt investments, and fee bearing management contracts on investment funds that it manages.
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