NorthStar Asset Management Group (NSAM) : Zacks Investment Research ranks NorthStar Asset Management Group (NSAM) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. The average broker rating of 3 research analysts is 1.33, which indicates as a Strong Buy.
NorthStar Asset Management Group (NSAM) : The highest short term price target forecast on NorthStar Asset Management Group (NSAM) is $20 and the lowest target price is $15. A total of 2 equity analysts are currently covering the company. The average price of all the analysts is $17.5 with a standard deviation of $3.54.
NorthStar Asset Management Group (NYSE:NSAM): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.87 and $9.70 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $10.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.10, notching a gain of 1.92% for the day. The total traded volume was 2,070,394 . The stock had closed at $9.91 on the previous day.
The company shares have dropped -45.97% from its 1 Year high price. On Aug 6, 2015, the shares registered one year high at $19.40 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $11.46 and the 200 Day Moving Average price is recorded at $11.50.
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.