There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Rithm Capital (RITM – Research Report) and DigitalBridge Group (DBRG – Research Report) with bullish sentiments.
Rithm Capital (RITM)
RBC Capital analyst Kenneth Lee maintained a Buy rating on Rithm Capital today and set a price target of $13.00. The company’s shares closed last Tuesday at $11.40, close to its 52-week high of $11.45.
According to TipRanks.com, Lee is a top 100 analyst with an average return of
Rithm Capital has an analyst consensus of Strong Buy, with a price target consensus of $12.94, representing a 13.5% upside. In a report issued on May 10, B.Riley Financial also maintained a Buy rating on the stock with a $14.00 price target.
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DigitalBridge Group (DBRG)
In a report released today, Jonathan Atkin from RBC Capital maintained a Buy rating on DigitalBridge Group, with a price target of $19.00. The company’s shares closed last Tuesday at $14.11.
According to TipRanks.com, Atkin is ranked #123 out of 8848 analysts.
DigitalBridge Group has an analyst consensus of Strong Buy, with a price target consensus of $19.38, representing a 29.6% upside. In a report issued on May 1, Truist Financial also maintained a Buy rating on the stock.
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Read More on RITM:
- Rithm Capital price target raised to $13.50 from $13 at Raymond James
- Rithm Capital price target raised to $14 from $13 at B. Riley
- Rithm Capital management to meet with BTIG
- Rithm Capital Completes Acquisition of Mortgage Services Group
- Rithm Capital Q1 Results and New Chief Legal Officer Appointment
