Colony Capital Inc (CLNY) : 3 analysts are covering Colony Capital Inc (CLNY) and their average rating on the stock is 1.33, which is read as a Strong 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. Colony Capital Inc (CLNY) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. 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.
Colony Capital Inc (CLNY) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $27 and the lowest price target forecast is $22. The average forecast of all the analysts is $23.67 and the expected standard deviation is $2.89.
For the current week, the company shares have a recommendation consensus of Buy.
Colony Capital Inc (NYSE:CLNY): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.40 and $17.38 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.87. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.79, notching a gain of 2.18% for the day. The total traded volume was 1,146,605 . The stock had closed at $17.41 on the previous day.
Colony Capital, Inc., formerly Colony Financial, Inc., is a diversified commercial real estate and investment management company that owns a portfolio of real estate equity and debt investments at risk-adjusted returns. The Company operates in four segments: real estate debt investments, which include originated and acquired commercial real estate debt, mortgage-backed securities, and other debt-related investments; a portfolio of light industrial real estate assets and associated operating platform acquired from Cobalt Capital Partners, L.P. and its affiliates; single-family residential rentals through its investment in CAH OP, and other real estate equity investments, which include real estate acquired in settlement of loans or from acquisition of operating properties, common equity in real estate or related companies, and certain preferred equity investments with profit participation meeting certain risk or return profiles.