Short Term Price Target on NorthStar Asset Management Group (NSAM)

NorthStar Asset Management Group (NYSE:NSAM) : The highest short term price target forecast on NorthStar Asset Management Group (NYSE: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 Inc. has lost 7.01% in the last five trading days and dropped 16.11% in the last 4 weeks. Northstar Asset Management Group Inc. has dropped 12.32% during the last 3-month period . Year-to-Date the stock performance stands at -14.43%.

NorthStar Asset Management Group (NYSE:NSAM) : The consensus on NorthStar Asset Management Group (NYSE:NSAM) based on 3 analyst recommendation on the company stock is 1.33, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future.

NorthStar Asset Management Group (NYSE:NSAM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.14 and $9.95 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 $10.21, notching a gain of 0.79% for the day. The total traded volume was 2,571,203 . The stock had closed at $10.13 on the previous day.

In an insider trading activity, Hannaway Judith A, director of Northstar Asset Management Group Inc., had purchased 500 shares on December 11, 2015. The total value of the transaction was $5,785. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

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.

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