KBW analyst Jade Rahmani assigned a Sell rating to Claros Mortgage Trust, Inc. (CMTG – Research Report) yesterday and set a price target of $9.50. The company’s shares closed yesterday at $9.14.
Rahmani covers the Real Estate sector, focusing on stocks such as Ladder Capital, Arbor Realty, and NexPoint Real Estate ate Finance. According to TipRanks, Rahmani has an average return of 16.1% and a 76.02% success rate on recommended stocks.
Currently, the analyst consensus on Claros Mortgage Trust, Inc. is a Moderate Sell with an average price target of $10.08.
The company has a one-year high of $14.59 and a one-year low of $8.37. Currently, Claros Mortgage Trust, Inc. has an average volume of 289.6K.
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Claros Mortgage Trust, Inc. (CMTG) Company Description:
Claros Mortgage Trust Inc is a real estate investment trust that is focused primarily on originating senior and subordinate loans on transitional commercial real estate assets located in major markets across the…
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