NorthStar Asset Management Group (NYSE:NSAM) stock is expected to deviate a maximum of $3.54 from the average target price of $17.5 for the short term period. 2 Street Experts have initiated coverage on the stock with the most promising target being $20 and the most muted being $15.
Other Equity analysts have also commented on the company shares. Deutsche Bank maintains their rating on the shares of NorthStar Asset Management Group (NYSE:NSAM). The current rating of the shares is Buy. Equity Analysts at the Firm lowers the price target to $20 per share from $24 per share. The rating by the firm was issued on March 14, 2016.
NorthStar Asset Management Group (NYSE:NSAM): stock turned positive on Thursday. Though the stock opened at $11.05, the bulls momentum made the stock top out at $11.13 level for the day. The stock recorded a low of $10.87 and closed the trading day at $10.98, in the green by 0.83%. The total traded volume for the day was 1,823,216. The stock had closed at $10.89 in the previous days trading.
The company shares have dropped -44.33% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $20.20 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $11.91 and the 200 Day Moving Average price is recorded at $11.57. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Northstar Asset Management Group Inc., Hannaway Judith A, had purchased 500 shares in a transaction dated on December 11, 2015. The transaction was executed at $11.57 per share with total amount equaling $5,785.
Northstar Asset Management Group Inc. is an asset management company. The Company is focused on managing real estate and other investment platforms in the United States and internationally. The Company owns NorthStar Realty Securities, LLC (NorthStar Securities), which is a captive broker-dealer platform and raises capital in the retail market for its sponsored companies. The Companys sponsored companies include NorthStar Real Estate Income Trust, Inc. (NorthStar Income); NorthStar Healthcare Income, Inc. (North Star Healthcare); NorthStar/RXR New York Metro Income, Inc. ( NorthStar/RXR New York Metro), and NorthStar Corporate Income, Inc. (NorthStar Corporate). The Company also leases its offices in New York; Denver, Colorado; Dallas, Texas; Bethesda, Maryland; London, United Kingdom; Senningerberg, Luxembourg, Los Angeles, California, and Pembroke, Bermuda.