Lake Street analyst Mark Smith maintained a Buy rating on AFC Gamma (AFCG – Research Report) today and set a price target of $18.00. The company’s shares closed yesterday at $11.24.
Smith covers the Consumer Cyclical sector, focusing on stocks such as Vista Outdoor, Sportsman’s Warehouse, and Kura Sushi USA. According to TipRanks, Smith has an average return of 18.0% and a 46.51% success rate on recommended stocks.
Currently, the analyst consensus on AFC Gamma is a Moderate Buy with an average price target of $18.00.
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The company has a one-year high of $13.80 and a one-year low of $8.86. Currently, AFC Gamma has an average volume of 141.5K.
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AFC Gamma (AFCG) Company Description:
AFC Gamma Inc is a commercial real estate finance company. The company originates, structures, underwrites and manages senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult-use cannabis.
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