Northstar Realty Finance (NRF) : 4 analysts are covering Northstar Realty Finance (NRF) and their average rating on the stock is 2, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Northstar Realty Finance (NRF) : The consensus price target for Northstar Realty Finance (NRF) is $19.81 for the short term with a standard deviation of $4.96. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $24, however, the pessimist price target for the company is $13.
Company shares have received an average consensus rating of Hold for the current week Northstar Realty Finance (NYSE:NRF): The stock opened at $13.18 on Thursday but the bulls could not build on the opening and the stock topped out at $13.39 for the day. The stock traded down to $13.13 during the day, due to lack of any buying support eventually closed down at $13.14 with a loss of -0.90% for the day. The stock had closed at $13.26 on the previous day. The total traded volume was 1,744,657 shares.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Northstar Realty Finance Corp., Schoenherr Charles W, had purchased 3,000 shares in a transaction dated on December 11, 2015. The transaction was executed at $16.48 per share with total amount equaling $49,440.
NorthStar Realty Finance Corp. is a commercial real estate company. The Company invests in multiple asset classes across commercial real estate (CRE). Its portfolio consists of healthcare, hotel, manufactured housing communities, net lease, multifamily properties and international real estate, with a focus on Europe. It also invests in other opportunistic real estate investments, such as indirect interests in real estate through real estate private equity funds. The Company also acquires hotel and certain healthcare properties through structures permitted by the real estate investment trust (REIT) investment diversification and empowerment. The Companys segments include Real Estate, Commercial Real Estate Debt (CRE debt), Commercial Real Estate Securities, N-Star CDOs and Corporate. Its real estate equity investments that operate under the RIDEA structure generate resident and hotel guest related income from short-term residential agreements.