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 $11.28.
According to TipRanks, Smith is a 5-star analyst with an average return of 17.8% and a 46.89% success rate. Smith covers the Consumer Cyclical sector, focusing on stocks such as Vista Outdoor, Kura Sushi USA, and Potbelly.
Currently, the analyst consensus on AFC Gamma is a Moderate Buy with an average price target of $18.00.
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AFCG market cap is currently $233.8M and has a P/E ratio of 7.00.
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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.
Read More on AFCG:
- AFC Gamma Refocuses on Cannabis, Launches REIT Spin-Off
- AFC Gamma to Separate Commercial Real Estate Lending Business into Independent Public Company
- AFC Gamma Closes Two Syndicated Commercial Real Estate Loans
- AFC Gamma, Inc. Schedules Fourth Quarter and Annual 2023 Earnings Conference Call for March 7, 2024
