share_log

Claros Mortgage Trust Analyst Ratings

Benzinga ·  Aug 3, 2023 05:51
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/03/2023 -2.48% Wells Fargo $13 → $11 Downgrades Overweight → Equal-Weight
07/24/2023 6.38% JP Morgan $11.5 → $12 Upgrades Underweight → Neutral
04/25/2023 BTIG Initiates Coverage On → Neutral
04/24/2023 1.95% JP Morgan $14.5 → $11.5 Maintains Underweight
04/13/2023 -2.48% Keefe, Bruyette & Woods $14.5 → $11 Maintains Underperform
02/21/2023 JMP Securities Downgrades Market Outperform → Market Perform
02/14/2023 59.57% JMP Securities $19 → $18 Maintains Market Perform
12/21/2022 55.14% UBS $19 → $17.5 Maintains Neutral
12/15/2022 41.84% Keefe, Bruyette & Woods → $16 Downgrades Market Perform → Underperform
10/24/2022 37.41% JP Morgan $17 → $15.5 Maintains Underweight
09/06/2022 50.71% JP Morgan $19 → $17 Downgrades Neutral → Underweight
05/18/2022 95.04% Wells Fargo $20 → $22 Maintains Overweight
04/25/2022 68.44% JP Morgan $18 → $19 Downgrades Overweight → Neutral
11/29/2021 68.44% JMP Securities → $19 Initiates Coverage On → Market Outperform
11/29/2021 55.14% UBS → $17.5 Initiates Coverage On → Neutral
11/29/2021 77.3% 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 Wells Fargo on August 3, 2023. The analyst firm set a price target for $11.00 expecting CMTG to fall to within 12 months (a possible -2.48% downside). 11 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 Wells Fargo, and Claros Mortgage Trust downgraded their equal-weight 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 August 3, 2023 so you should expect the next rating to be made available sometime around August 3, 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 downgraded with a price target of $13.00 to $11.00. The current price Claros Mortgage Trust (CMTG) is trading at is $11.28, 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
    Write a comment