Colony Capital Inc (NYSE:CLNY) : 2 brokerage houses believe that Colony Capital Inc (NYSE:CLNY) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 3 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.33.
Colony Capital Inc (NYSE:CLNY) : The consensus price target for Colony Capital Inc (NYSE:CLNY) is $23.67 for the short term with a standard deviation of $2.89. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $27, however, the pessimist price target for the company is $22.
For the current week, the company shares have a recommendation consensus of Buy.
Colony Capital Inc (NYSE:CLNY): stock turned positive on Tuesday. Though the stock opened at $15.36, the bulls momentum made the stock top out at $15.6 level for the day. The stock recorded a low of $15.24 and closed the trading day at $15.31, in the green by 1.66%. The total traded volume for the day was 2,241,152. The stock had closed at $15.06 in the previous days trading.
In an insider trading activity, Saltzman Richard B, CEO of Colony Capital, Inc., had purchased 75,000 shares on March 7, 2016. The total value of the transaction was $1,237,500. 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.
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.