Brokerage Firm Rating Update on Capital Trust (BXMT)

Capital Trust (BXMT) : 5 analysts are covering Capital Trust (BXMT) and their average rating on the stock is 1.4, which is read as a Strong Buy. 4 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 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Capital Trust (BXMT) : 4 Wall Street analysts covering Capital Trust (BXMT) believe that the average level the stock could reach for the short term is $31.5. The maximum price target given is $33 and the minimum target for short term is around $30, hence the standard deviation is calculated at $1.29.


For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Keefe Bruyette & Woods maintains its outlook on Capital Trust (NYSE:BXMT). The current rating of the shares is Market Perform, according to the research report released by the firm. The brokerage firm raises the price target from $29 per share to $31 per share. The rating by the firm was issued on July 28, 2016.

Capital Trust (NYSE:BXMT): The stock opened at $29.83 and touched an intraday high of $30.23 on Wednesday. During the day, the stock corrected to an intraday low of $29.83, however, the bulls stepped in and pushed the price higher to close in the green at $30.02 with a gain of 0.64% for the day. The total traded volume for the day was 581,031. The stock had closed at $29.83 in the previous trading session.

Blackstone Mortgage Trust, Inc. is a holding company. The Company is a real estate investment trust (REIT), which is a real estate finance company that originates and purchases senior loans collateralized by properties in North America and Europe. The Company has two operating segments: the Loan Origination segment and the CT Legacy Portfolio segment. The Companys Loan Origination segment includes the Companys activities associated with the origination and acquisition of mortgage loans, the capitalization of its loan portfolio and the costs associated with operating its business. CT Legacy Partners portfolio consists of cash, loans, securities and other assets. The Companys focus is to originate loans and invest in debt and related instruments supported by institutional commercial real estate. It directly originates, co-originates, and acquires debt instruments in conjunction with acquisitions, refinancing and recapitalizations of commercial real estate around the world.

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