Zacks Investment Research upgraded Northstar Realty Finance Corp (NYSE:NRF) to Hold in a report released today.
- Updated: September 24, 2016
Zacks Investment Research has upgraded Northstar Realty Finance Corp (NYSE:NRF) to Hold in a report released on 09/22/2016.
Yesterday Northstar Realty Finance Corp (NYSE:NRF) traded -0.23% lower at $12.70. The company’s 50-day moving average is $13.17 and its 200-day moving average is $12.87. The last stock close price is down -0.16% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,279,843 shares of the stock were exchanged, down from an average trading volume of 1,857,520
See Chart Below
Northstar Realty Finance Corp has a 52 week low of $8.38 and a 52 week high of $26.10 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 5 brokerages have issued a ratings update on the stock. The consensus target price is $18.65 with one equity analyst rating the company a strong buy, three brokerages rating the company a buy, two analysts rating the stock a hold, 0 equity analysts rating the company a underperform, and lastly 0 firms rating the company a sell.
More About 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.