In a report released yesterday, Steven Delaney from JMP Securities reiterated a Hold rating on Claros Mortgage Trust, Inc. (CMTG – Research Report). The company’s shares closed yesterday at $11.28.
According to TipRanks, Delaney is a 5-star analyst with an average return of 9.1% and a 59.04% success rate. Delaney covers the Real Estate sector, focusing on stocks such as Walker & Dunlop, Redwood, and Arbor Realty.
Claros Mortgage Trust, Inc. has an analyst consensus of Moderate Sell, with a price target consensus of $11.63, representing a 3.10% upside. In a report released on July 24, J.P. Morgan also upgraded the stock to a Hold with a $12.00 price target.
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CMTG market cap is currently $1.69B and has a P/E ratio of 14.23.
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Claros Mortgage Trust Inc is a real estate investment trust that is focused primarily on originating senior and subordinate loans on transitional commercial real estate assets located in major markets across the…
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