Goldman Sachs analyst Caitlin Burrows maintains $Safehold (SAFE.US)$ with a buy rating, and adjusts the target price from $38 to $30.
According to TipRanks data, the analyst has a success rate of 62.2% and a total average return of 0.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Safehold (SAFE.US)$'s main analysts recently are as follows:
Safehold's third-quarter performance was deemed satisfactory, showcasing its unique position as the most interest-rate sensitive entity within its peer group. This distinction arises from the company's notably extended-duration leases and its business model that focuses on the spread of investments.
The firm recognizes the potential for long-term growth in shares due to the expansion of the emergent ground lease market. Additionally, considering the company's holdings of long-duration assets, a decrease in interest rates may also contribute to the performance of the share price.
Note:
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