Raymond James analyst Stephen Laws maintained a Buy rating on Franklin BSP Realty Trust (FBRT – Research Report) today and set a price target of $14.50. The company’s shares closed yesterday at $13.65.
According to TipRanks, Laws is a 5-star analyst with an average return of 11.6% and a 57.53% success rate. Laws covers the Financial sector, focusing on stocks such as Franklin BSP Realty Trust, Greystone Housing Impact Investors, and Ares Commercial.
Currently, the analyst consensus on Franklin BSP Realty Trust is a Strong Buy with an average price target of $15.00.
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FBRT market cap is currently $1.1B and has a P/E ratio of 22.99.
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FBRT in relation to earlier this year.
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Franklin BSP Realty Trust Inc is a private real estate investment trust that originates, acquires, and manages a diversified portfolio of commercial real estate debt secured by properties located in the United States.
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