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Claros Mortgage Trust Analyst Ratings

Benzinga ·  Jul 24, 2023 06:35
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
07/24/2023 -2.2% JP Morgan $11.5 → $12 Upgrades Underweight → Neutral
04/25/2023 BTIG Initiates Coverage On → Neutral
04/24/2023 -6.28% JP Morgan $14.5 → $11.5 Maintains Underweight
04/13/2023 -10.35% Keefe, Bruyette & Woods $14.5 → $11 Maintains Underperform
02/21/2023 JMP Securities Downgrades Market Outperform → Market Perform
02/14/2023 46.7% JMP Securities $19 → $18 Maintains Market Perform
12/21/2022 42.62% UBS $19 → $17.5 Maintains Neutral
12/15/2022 30.4% Keefe, Bruyette & Woods → $16 Downgrades Market Perform → Underperform
10/24/2022 26.32% JP Morgan $17 → $15.5 Maintains Underweight
09/06/2022 38.55% JP Morgan $19 → $17 Downgrades Neutral → Underweight
05/18/2022 79.3% Wells Fargo $20 → $22 Maintains Overweight
04/25/2022 54.85% JP Morgan $18 → $19 Downgrades Overweight → Neutral
11/29/2021 54.85% JMP Securities → $19 Initiates Coverage On → Market Outperform
11/29/2021 42.62% UBS → $17.5 Initiates Coverage On → Neutral
11/29/2021 63% JP Morgan → $20 Initiates Coverage On → Overweight

What is the target price for Claros Mortgage Trust (CMTG)?

The latest price target for Claros Mortgage Trust (NYSE: CMTG) was reported by JP Morgan on July 24, 2023. The analyst firm set a price target for $12.00 expecting CMTG to fall to within 12 months (a possible -2.20% downside). 10 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Claros Mortgage Trust (CMTG)?

The latest analyst rating for Claros Mortgage Trust (NYSE: CMTG) was provided by JP Morgan, and Claros Mortgage Trust upgraded their neutral rating.

When is the next analyst rating going to be posted or updated for Claros Mortgage Trust (CMTG)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Claros Mortgage Trust, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Claros Mortgage Trust was filed on July 24, 2023 so you should expect the next rating to be made available sometime around July 24, 2024.

Is the Analyst Rating Claros Mortgage Trust (CMTG) correct?

While ratings are subjective and will change, the latest Claros Mortgage Trust (CMTG) rating was a upgraded with a price target of $11.50 to $12.00. The current price Claros Mortgage Trust (CMTG) is trading at is $12.27, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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