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Zacks Investment Research upgraded Northstar Realty Finance Corp (NYSE:NRF) to Hold in a report released today.

Zacks Investment Research has upgraded Northstar Realty Finance Corp (NYSE:NRF) to Hold in a report released on 9/29/2016.

Just yesterday Northstar Realty Finance Corp (NYSE:NRF) traded 3.13% higher at $12.77. Northstar Realty Finance Corp’s 50-day moving average is $13.11 and its 200-day moving average is $12.87. The last closing price is down 2.32% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,177,649 shares of NRF traded hands, down from an average trading volume of 1,797,320

Recent Performance Chart

Northstar Realty Finance Corp (NYSE:NRF)

Northstar Realty Finance Corp has 52 week low of $8.38 and a 52 week high of $25.62 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 5 brokers have issued a research note on the company. The average stock price target is $18.65 with 1 broker rating the stock a strong buy, 3 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Northstar Realty Finance Corp (NYSE:NRF)

NorthStar Realty Finance Corp. is a commercial real estate company. The Company invests in multiple asset classes across commercial real estate (CRE). Its portfolio consists of healthcare, hotel, manufactured housing communities, net lease and multifamily properties. The Company also invests in other opportunistic real estate investments, such as indirect interests in real estate through its investments in private equity funds (PE Investments). The Company also acquires and operates hotel and certain healthcare properties. The Company's segments include Real Estate, Commercial Real Estate Debt (CRE debt), Commercial Real Estate Securities, N-Star CDOs and Corporate. Its real estate equity investments that operate under the REIT Investment Diversification and Empowerment Act (RIDEA) structure generate resident and hotel guest related income from short-term residential agreements. The Company is externally managed and advised by an affiliate of NorthStar Asset Management Group Inc.

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