Northstar Realty Finance (NRF) : 2 brokerage houses believe that Northstar Realty Finance (NRF) is a Strong Buy at current levels. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Northstar Realty Finance (NRF). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 4 Wall Street Analysts endorse the stock as a Buy with a rating of 2.
Northstar Realty Finance (NRF) : Currently there are 4 street experts covering Northstar Realty Finance (NRF) stock. The most bullish and bearish price target for the stock is $24 and $13 respectively for the short term. The average price target of all the analysts comes to $19.81. The estimated standard deviation from the target is $4.96.
Northstar Realty Finance (NYSE:NRF): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.80 and $10.59 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.04, notching a gain of 1.66% for the day. The total traded volume was 3,580,563 . The stock had closed at $10.86 on the previous day.
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.