In a report released today, Sumeet Mody from Piper Sandler reiterated a Buy rating on Bridge Investment Group (BRDG – Research Report), with a price target of $13.00. The company’s shares closed yesterday at $10.08.
Mody covers the Financial sector, focusing on stocks such as Virtus Investment Partners, SilverCrest Asset Management, and Victory Capital Holdings. According to TipRanks, Mody has an average return of 22.5% and a 75.79% success rate on recommended stocks.
In addition to Piper Sandler, Bridge Investment Group also received a Buy from Morgan Stanley’s Michael Cyprys in a report issued on August 11. However, on August 14, UBS maintained a Hold rating on Bridge Investment Group (NYSE: BRDG).
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The company has a one-year high of $16.18 and a one-year low of $8.30. Currently, Bridge Investment Group has an average volume of 155.7K.
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Bridge Investment Group Holdings Inc is a vertically integrated real estate investment manager, diversified across specialized asset classes. The company combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: multifamily, affordable housing, seniors housing, office, development, logistics net lease, logistics properties, debt strategies and agency mortgage backed securities.
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