In a report released today, Mark Smith from Lake Street maintained a Buy rating on AFC Gamma (AFCG – Research Report), with a price target of $30.00. The company’s shares closed yesterday at $15.45.
According to TipRanks, Smith is a 5-star analyst with an average return of 22.4% and a 51.22% success rate. Smith covers the Consumer Goods sector, focusing on stocks such as Big 5 Sporting Goods, Clarus, and Polaris.
AFC Gamma has an analyst consensus of Strong Buy, with a price target consensus of $21.13, which is a 36.76% upside from current levels. In a report released today, EF Hutton also maintained a Buy rating on the stock with a $21.00 price target.
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AFCG market cap is currently $313.6M and has a P/E ratio of 7.39.
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AFC Gamma Inc is a commercial real estate finance company. The company originates, structures, underwrites and manages senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult-use cannabis.
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