JMP Securities analyst Chris Muller reiterated a Buy rating on ACRES Commercial Realty (ACR – Research Report) today and set a price target of $15.50. The company’s shares closed yesterday at $13.83.
Muller covers the Real Estate sector, focusing on stocks such as ACRES Commercial Realty, Seven Hills Realty Trust, and Sachem Capital. According to TipRanks, Muller has an average return of 18.0% and an 84.62% success rate on recommended stocks.
Currently, the analyst consensus on ACRES Commercial Realty is a Moderate Buy with an average price target of $15.50.
ACR market cap is currently $106.5M and has a P/E ratio of 39.63.
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ACRES Commercial Realty (ACR) Company Description:
Exantas Capital Corp. is a real estate investment trust, which engages in the provision of real estate finance services. It focuses on the origination, holding, and management of commercial mortgage loans, and commercial real estate-related debt investments. The company was founded in 2005 and is headquartered in New York, NY.
